If Aggregate Demand Shifts to the Left by $400 Billion

question 105

Multiple Choice

If aggregate demand shifts to the left by $400 billion and aggregate supply is upward-sloping,then real output will decrease by

• A)$400 billion,and the price level will not change.
• B)Less than $400 billion,and the price level will fall.
• C)$400 billion,and the price level will fall.
• D)More than $400 billion,and the price level will not change.

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Definitions:

Client-centered Therapist

A type of psychotherapy developed by Carl Rogers that emphasizes providing a supportive environment where clients can self-explore and solve their problems.

Repressed

Describes thoughts, memories, or feelings that are suppressed or unconsciously held away from conscious awareness.

Freud

Sigmund Freud, an Austrian neurologist who founded psychoanalysis and is known for his theories of the unconscious mind and mechanisms of defense.

Repressed

Refers to the unconscious process of blocking unacceptable thoughts, feelings, or memories from conscious awareness.