The third phase of the Keynesian LRAS Curve shows the economy at full employment. This means that the factors of production are being used at full capacity.
<h3>What do you mean by long-run aggregate supply?</h3>
Long-run aggregate supply can be defined as the output that an economy can produce while using all the factors of production and operating at full employment level.
The third phase of the Keynesian LRAS curve shows that the economy is at full employment which means that factors of production are being used at full capacity.
Therefore, B is the correct option.
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Answer:
B. recognizing that there is a problem or opportunity.
Spartans were trained from the time they were seven years old to be warriors. Girls as well as boys were taught in the art of war. The Spartans also lived a very austere lifestyle so that they would be used to long millitary campaigns.
Here is the answer. The reason what the rate of law for a reaction can't generally be deduced from the balanced equation for the reaction is that, the rate law depends not on the overall reaction, but on the slowest step in the mechanism. Hope this answers your question. Have a great day!
Mores determine what is considered moral and ethical behavior, which makes them more strict than folkways. One difference between a more and a folkway is the following: Mores may carry serious consequences if violated; folkways do not. Folkways on the other hand are norms for routine or casual interaction.
