The Diagram Below Shows an AD/AS Model for a Hypothetical

question 86

Multiple Choice

The diagram below shows an AD/AS model for a hypothetical economy.The economy begins in long-run equilibrium at point A. FIGURE 24-3 Refer to Figure 24-3.A negative shock to the economy shifts the AD curve from to .At the new short-run equilibrium,the price level is ________ and real GDP is ________.

• A)90; 900
• B)110; 800
• C)60; 1000
• D)60; 700
• E)90; 1250

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Definitions:

Maintaining Eye Contact

The act of keeping visual gaze on another person's eyes during communication, viewed as a sign of confidence and engagement.

Symmetrical Smile

A facial expression where both halves of the smile are uniform, considered aesthetically pleasing and indicative of genuine happiness.

Communication Style

The characteristic way in which individuals express themselves verbally and nonverbally when interacting with others.

Persuasiveness

The ability to convince others to change their attitudes, beliefs, or actions through communication.