An Increase in Aggregate Demand Results in A(n)________ in the ________

question 188

Multiple Choice

An increase in aggregate demand results in a(n) ________ in the ________.

• A)recession; long run
• B)expansion; long run
• C)expansion; short run
• D)recession; short run

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Definitions:

Absolute Refractory

The absolute refractory period is a time during which a nerve or muscle is incapable of responding to stimulation, immediately following an action potential.

Action Potentials

Rapid, short-lasting events where the electrical membrane potential of a cell rapidly rises and falls, typical in neurons and muscle cells during signal transmission.

Period

A length or span of time; in grammar, it is a punctuation mark used to denote the end of a sentence.

Neurotransmitters

Chemical substances in the nervous system that transmit signals across a synapse from one neuron to another.