The Figure Given Below Represents the Long-Run Equilibrium in the Aggregate

question 9

Multiple Choice

The figure given below represents the long-run equilibrium in the aggregate demand and aggregate supply model. Figure 8.2 Refer to Figure 8.2.A movement from equilibrium point A to equilibrium point B would be the result of a(n) :

• A)increase in consumer confidence and a decrease in productivity.
• B)technological advances and domestic price decreases.
• C)decrease in productivity and a decrease in government spending.
• D)increase in production costs and greater consumer confidence.
• E)decrease in domestic prices and decrease in direct taxes.

---

Definitions:

Personality

Refers to individual differences in characteristic patterns of thinking, feeling, and behaving.

Integrative Processes

Cooperative tactics and strategies in negotiation or conflict resolution that aim at achieving mutually beneficial outcomes.

Decrease Trust

The process of losing confidence in someone or something, often due to actions considered dishonest or unreliable.

Trustors

Individuals or entities that place trust in another, often in contexts involving the transfer of information, responsibilities, or assets.