The Long-Run Aggregate Supply Curve Shows That by Itself a Permanent

question 8

Multiple Choice

The long-run aggregate supply curve shows that by itself a permanent change in aggregate demand would lead to a long-run change

• A)in the price level and output.
• B)in the price level,but not output.
• C)in output,but not the price level.
• D)in neither the price level nor output.

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Definitions:

Substance Use Disorders

A range of conditions that affect an individual's ability to control their use of substances such as drugs or alcohol.

Neuroticism

A personality trait characterized by tendencies toward emotional instability, anxiety, moodiness, worry, and sadness.

Extraversion

A personality trait characterized by outgoingness, high energy, and being socially oriented.

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.