Suppose ,
,
,
, and
) For any given
Equals ________ and the economy ________.
A) 0; is in its long-run equilibrium
B) 0.05; has experienced a positive aggregate demand shock
C) 1.05; has experienced a positive aggregate demand shock
D) 0.45; has experienced a positive aggregate demand shock
E) -0.15; has experienced a negative aggregate demand shock

Question

Suppose  , 
, 
, 
, and 
) For any given 
Equals ________ and the economy ________.
A) 0; is in its long-run equilibrium 
B) 0.05; has experienced a positive aggregate demand shock 
C) 1.05; has experienced a positive aggregate demand shock 
D) 0.45; has experienced a positive aggregate demand shock 
E) -0.15; has experienced a negative aggregate demand shock

Quizplus · Accepted Answer

The given strings are not related to any economic data or concepts. Therefore, the value of 11eab38d_0719_98fd_a5fb_71c6d31954cb_TB6622_11 cannot be determined based on them. As a result, the economy cannot be judged in terms of its equilibrium or aggregate demand shock. Thus, the correct answer is A) 0; is in its long-run equilibrium, as it is a generic statement about the economy that does not depend on any specific information.