All of the Following Are Assumptions Made by the Dynamic

question 164

Multiple Choice

All of the following are assumptions made by the dynamic model of aggregate demand and aggregate supply except

• A)aggregate demand and potential real GDP decrease continuously.
• B)the aggregate demand curve shifts to the right during most periods.
• C)potential real GDP increases continuously.
• D)the short-run aggregate supply curve shifts to the right except during periods when workers and firms expect higher wages.

---

Definitions:

Revealing

The act of making known or disclosing information that was previously unknown or hidden.

Sales Force Automation

A technology solution that automates key sales processes, enhancing the efficiency and effectiveness of a sales team.

Customer Follow-Up

The practice of making subsequent contacts with customers after a sale, aiming to ensure satisfaction, gather feedback, or encourage repeat business.

Virtual Office

A venue (home, vehicle, hotel room, or even local coffee shop) where salespeople are able to conduct business with the help of technology.