The Economy Is in Long-Run Equilibrium When

question 43

Multiple Choice

The economy is in long-run equilibrium when:

• A) aggregate demand intersects short-run aggregate supply.
• B) short-run aggregate supply intersects long-run aggregate supply.
• C) aggregate demand intersects long-run aggregate supply.
• D) aggregate demand intersects both long-run and short-run aggregate supply.
• E) the economy is at full employment output.

---

Definitions:

Wireless Access Points

A wireless access point (WAP) is a networking device that allows Wi-Fi devices to connect to a wired network, extending the wireless coverage area and its capacity.

Channels

In communications and computing, distinct paths that separate data or information for transmission or processing, which can refer to physical medium or logical division within networks.

Punch-down Tool

A punch-down tool is a small hand tool used by telecommunication and network technicians to insert wire into insulation-displacement connectors on punch down blocks, patch panels, keystone modules, and surface mount boxes.

Patch Panel

A mounted hardware assembly that contains ports used to interconnect and manage incoming and outgoing LAN cables in networking setups.