An Important Assumption in the AD/AS Macro Model Is That

question 55

Multiple Choice

An important assumption in the AD/AS macro model is that when real GDP exceeds potential output,factor prices rise and the

• A)AS curve shifts to the left.
• B)AD curve shifts to the right.
• C)AS curve shifts to the right very rapidly.
• D)AD curve shifts to the left rapidly.
• E)None of the above - the AS curve remains unchanged.

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Definitions:

Numeric Rating Scale

A pain assessment tool where patients rate their pain on a scale, typically from 0 (no pain) to 10 (worst possible pain).

Brief Pain Inventory

A medical questionnaire used to measure pain levels in patients, assessing both the intensity of pain and the impact on daily functions.

Faces Pain Scale-Revised

A tool for assessing pain intensity, particularly in children, using a series of facial expressions to denote levels of pain.

Subjective Report

Information provided based on personal observation, feeling, or opinion, rather than objective measurement.