Which of the Following Results If at a Particular Price

question 70

Multiple Choice

Which of the following results if at a particular price level,the aggregate quantity supplied exceeds the aggregate quantity demanded?

• A)Aggregate demand shifts to the right.
• B)Aggregate supply shifts to the left.
• C)A surplus causes the price level to rise.
• D)A surplus causes the price level to fall.

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Definitions:

Formal Hierarchy

An organizational structure where positions and roles are clearly defined, establishing clear lines of authority and communication.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Autonomy

The capacity to make an informed, uncoerced decision; in the workplace, it often refers to the level of independence and self-direction an employee has.

Participation

The act of taking part or becoming involved in activities, processes, or discussions, often contributing to a group or community effort.