menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 2
  4. Exam
    Exam 9: Aggregate Demand and Aggregate Supply Analysis
  5. Question
    In the Long Run
Solved

In the Long Run

Question 118

Question 118

Multiple Choice

In the long run,


A) GDP > potential GDP.
B) unemployment is at its natural rate.
C) LRAS and SRAS lie on the same line.
D) the inflation rate is zero.
E) the aggregate demand curve becomes flat.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q21: Beginning with long-run equilibrium,use the aggregate demand

Q52: The dynamic aggregate demand and aggregate supply

Q113: There has been a decrease in investment.As

Q116: Hurricane Katrina destroyed oil and natural gas

Q117: Explain how each of the following events

Q119: A decrease in the price level will<br>A)shift

Q120: In Canada, because shipping plays such an

Q121: Canada suffered a mini recession in the

Q122: When potential GDP increases,short-run aggregate supply also

Q122: On the long-run aggregate supply curve,<br>A)an increase

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines