Which of the Following Is an Accurate Statement About Supply-Side

question 71

Multiple Choice

Which of the following is an accurate statement about supply-side policy?

• A)The aggregate supply curve should be shifted to the right during periods of inflation and to the left during a recession.
• B)The aggregate supply curve should be shifted to the left during periods of inflation and to the right during a recession.
• C)The aggregate supply curve should be shifted to the right during periods of both inflation and recession.
• D)The aggregate supply curve should be left alone.

---

Definitions:

Implicit Memories

Memories that influence our behaviors and thoughts without our conscious awareness, such as skills and conditioned responses.

Automatic Processing

The subconscious and effortless processing of information, which enables people to perform tasks without actively thinking about them.

Encode

The process of converting information into a particular form for efficient storage, processing, or transmission.

Explicit Memory

A type of long-term memory that involves conscious recall of facts and events.