If AD Shifts to the Right When the Output Gap

question 51

True/False

If AD shifts to the right when the output gap is small then both national income and prices will rise quickly.

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Definitions:

Shading

In logic, a method used to visually represent the parts of a categorical proposition that are affirmed or denied; also refers to a technique in drawing and art to create depth or texture.

Opposition

A resistance or dissent, characterized by a direct contradiction or counteraction to a proposal or position.

I Proposition

A type of categorical proposition that asserts some, but not all, members of a subject class are also members of a predicate class.

Traditional Square

A diagrammatic representation of the logical relationships between categorical propositions in classical logic.