Of the Following Theories, Which Is Consistent with a Vertical

question 117

Multiple Choice

Of the following theories, which is consistent with a vertical long-run aggregate supply curve?

• A) the sticky-wage theory
• B) misperceptions theory
• C) both the sticky-wage and misperceptions theories.
• D) neither the sticky-wage nor the misperceptions theory.

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Definitions:

Aquatic Therapy

A therapeutic exercise program performed in water, aimed at rehabilitation, fitness, or relaxation purposes.

Dorsiflexion

The act of moving the upper part of the foot closer to the shin through the action of the ankle joint.

Dorsiflexion

The action of raising the foot upwards toward the shin, decreasing the angle between the dorsum of the foot and the leg.

Gait

The way a person walks, consisting of two phases: stance and swing.