Everything Else Held Constant,if Aggregate Output Is to the Right

question 127

Multiple Choice

Everything else held constant,if aggregate output is to the right of the IS curve,then there is an excess ________ of goods which will cause aggregate output to ________.

• A)supply;fall
• B)supply;rise
• C)demand;fall
• D)demand;rise

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Definitions:

Modern Statutes

Contemporary laws enacted by legislatures to address current issues, often complementing or revising existing legal frameworks.

Burglary

The unlawful entry into a building or structure with the intent to commit theft or any felony.

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An individual accused of committing a crime and facing prosecution in a court of law.

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An action or omission that constitutes an offense and is punishable by law, often involving harm to the community or state.