Without Targeting the Deficit, the Following Is Likely to Occur

question 217

Multiple Choice

Without targeting the deficit, the following is likely to occur after a ________ shock: Y↓ ⇒ T↓ ⇒ deficit↑.

• A) positive aggregate demand
• B) negative aggregate demand
• C) positive aggregate supply
• D) negative aggregate supply

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Definitions:

Molecular Formula

A notation that shows the number and type of atoms in a molecule, without indicating how they are bonded together.

Line-Angle Structure

A shorthand diagrammatic method used in organic chemistry to represent chemical structures with lines representing bonds and angles representing chemical bonds without the need to draw all atoms.

Lewis Structure

An illustration depicting the bonds among a molecule's atoms and the potential unshared electron pairs present.

Lone Pairs

Paired valence electrons on an atom in a molecule that are not involved in bonding.