Use the Following to Answer Questions

question 69

Multiple Choice

Use the following to answer questions :
Exhibit: Supply Shock

-(Exhibit: Supply Shock) In this graph,assume that the economy starts at point A and there is a favourable supply shock that does not last forever.In this situation,point ______ represents short-run equilibrium and point ______ represents long-run equilibrium.

• A) B; C
• B) B; A
• C) E; D
• D) E; A

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Definitions:

Hormone

A regulatory substance produced in an organism and transported in tissue fluids such as blood to stimulate specific cells or tissues into action.

Peristalsis

The series of wave-like muscle contractions that move food through the digestive tract.

Digestive System

The group of organs responsible for breaking down food, absorbing nutrients, and eliminating waste products from the body.

Salivary Glands

Exocrine glands located in the mouth that produce saliva, aiding in digestion and maintaining oral health.