In the Long Run,unusually High Unemployment

question 13

Multiple Choice

In the long run,unusually high unemployment

• A) indicates that an economy is operating above potential GDP
• B) forces the wage rate down
• C) eventually causes the aggregate supply curve to shift upward
• D) pushes the price level upward
• E) causes the aggregate demand curve to shift rightward

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Definitions:

Neuron

A neuron is a nerve cell that is the basic building block of the nervous system, involved in the transmission of electrical impulses.

Agonist

A chemical or drug that binds to receptors in the brain and causes a biological response.

Neurotransmitter

Neurotransmitters are chemical messengers that transmit signals across synaptic gaps between neurons, influencing various bodily functions and behaviors.

Drug

A substance that has a physiological effect when ingested or otherwise introduced into the body.