Consider the Nature of Macroeconomic Equilibrium

question 88

Multiple Choice

Consider the nature of macroeconomic equilibrium.If,at a particular price level,aggregate output demanded is less than that supplied by producers,then

• A)the aggregate demand curve will shift to the right,re-establishing an equilibrium.
• B)the aggregate supply curve will shift to the left,re-establishing an equilibrium.
• C)the aggregate supply curve will shift to the right,re-establishing an equilibrium.
• D)the price level will rise toward its equilibrium value.
• E)the price level will decline toward its equilibrium value.

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Definitions:

Neurotransmitter

Chemicals in the nervous system that transmit signals across a synapse from one neuron to another, influencing various functions such as mood and behavior.

Alcohol

A psychoactive substance and depressant that is found in beverages such as beer, wine, and spirits, affecting the central nervous system.

Psychological Dependence

a form of dependence characterized by a perceived need to use a substance or engage in a behavior to achieve emotional or psychological well-being.

Heroin

An opioid drug made from morphine, a natural substance taken from the seed pod of various opium poppy plants, highly addictive and illegal.