Figure 15-4 -In Figure 15-4,if a Is the Initial Equilibrium Point and Equilibrium

question 57

Multiple Choice

Figure 15-4
-In Figure 15-4,if A is the initial equilibrium point and there is an unanticipated rise in aggregate demand from A D₁ to A D₂,then

• A)the new short run equilibrium will be at point B.
• B)the new long run equilibrium will be at point B.
• C)the new short run equilibrium will be at point D.
• D)real GDP per year will fall below Q₁.

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Definitions:

Catatonia

A neuropsychiatric behavioral syndrome characterized by abnormal movements and behaviors, often including mutism, rigidity, and stupor.

Positive Symptoms

Symptoms of mental disorders that include excess or distortion of normal functions, such as hallucinations or delusions.

Negative Symptoms

In psychology, especially in the context of schizophrenia, these refer to the absence of normal behaviors or feelings, such as social withdrawal or lack of emotion.

Schizophrenia

A long-term mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception, inappropriate actions and feelings, withdrawal from reality and personal relationships into fantasy and delusion, and a sense of mental fragmentation.