-Refer to the Above Diagram

question 5

Multiple Choice

-Refer to the above diagram.The initial aggregate demand curve is AD₁ and the initial aggregate supply curve is AS₁.In the long run,demand-pull inflation is best shown as:

• A) a shift of aggregate demand from AD₁ to AD₂ followed by a shift of aggregate supply from AS₁ to AS₂.
• B) a move from d to b to a.
• C) a shift of aggregate supply from AS₁ to AS₂ followed by a shift of aggregate demand from AD₁ to AD₂.
• D) a move from a to d.

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Definitions:

Flare Bevel-Groove

A type of groove weld where one piece is curved, and its edge is welded to the flat surface of another piece, often used for pipes or tubes.

Flange Welds

Welds that join flanges, which are plates or rings to form a rim or edge, to other components.

Flange Dimension

The specific measurement related to the size, thickness, or diameter of a flange, which is a projecting flat rim or collar used for attachment.

Seam Weld

A welding technique used to join two pieces of metal together along a continuous line by heating with an electric arc, laser, or other methods.