Once Macroeconomic Equilibrium Has Been Established in an Economy, There

question 86

True/False

Once macroeconomic equilibrium has been established in an economy, there is no tendency for real GDP to change, even if there is a change in autonomous expenditure.

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Definitions:

Human Genome Project

An international scientific research project with the goal of determining the sequence of nucleotide base pairs that make up human DNA, and of identifying and mapping all of the genes of the human genome.

Map

A visual representation of an area, detailing geographical features, roads, and borders, used for navigation and location identification.

Genes

Units of heredity made up of DNA, responsible for guiding the development and functioning of all organisms.

Endocrine System

A network of glands and organs in the body that produce, store, and secrete hormones responsible for regulating bodily functions and maintaining homeostasis.