An Increase in the Expected Price Level

question 50

Multiple Choice

An increase in the expected price level

• A)shifts the short-run aggregate supply curve up and to the left.
• B)shifts the short-run aggregate supply curve down and to the right.
• C)has no effect on the short-run aggregate supply curve.
• D)results in a movement along the short-run aggregate supply curve, rather than a shift in the short-run aggregate supply curve.

---

Definitions:

Ecosystem Processes

The natural cycles and exchanges of energy and nutrients that sustain the functioning and biodiversity of ecological systems.

Environmental Racism

the disproportionate impact of environmental hazards on minority ethnic groups, often because of discriminatory policies or practices that expose these communities to pollutants.

Aboriginal Communities

Groups of indigenous people who are native to a particular geographical region, often maintaining practices, languages, and beliefs distinct from those of dominant cultures.

Bioprospecting

The process of searching for, collecting, and deriving medicinal or commercial products from biological resources, often involving indigenous knowledge.