In the Keynesian Model,when the Economy Is Not in Long-Run

question 79

Multiple Choice

In the Keynesian model,when the economy is not in long-run equilibrium,then the short-run equilibrium point is not on which curve?

• A)SRAS
• B)FE
• C)IS
• D)LM

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Definitions:

Helmholtz

Hermann von Helmholtz was a German physician and physicist known for his contributions to the understanding of the conservation of energy, mechanics, thermodynamics, and electrodynamics.

Visual Distortion

A perception anomaly where what one sees differs from the objective reality, often caused by optical illusions or certain psychological conditions.

Compensation

The process or mechanism with which individuals achieve reward, recognition, or alleviation of deficits or challenges, often applied in vocational and psychological contexts.

Cochlea's Hair Cells

Sensory cells located in the cochlea of the inner ear that transform sound vibrations into electrical signals for hearing.