In Order for an Increase in Aggregate Demand to Raise

question 2

Multiple Choice

In order for an increase in aggregate demand to raise Real GDP and the price level,the aggregate supply curve must be ____________________.If an increase in aggregate demand raises the price level but leaves Real GDP unchanged,the aggregate supply curve must be _____________________.

• A) upward-sloping; vertical
• B) upward-sloping; horizontal
• C) downward sloping; vertical
• D) vertical; upward-sloping
• E) vertical; downward-sloping

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Definitions:

Intraocular Pressure

The fluid pressure inside the eye, important for maintaining the shape of the eye and the health of eye tissues.

Extraocular Muscles

The muscles surrounding the eyeball that enable it to move in different directions and maintain its position within the socket.

Presbyopia

A natural, age-related loss of the eyes' ability to focus on close objects, typically beginning in mid to late adulthood.

Lens Elasticity

The ability of the lens in the eye to change shape to focus on objects at various distances; it tends to decrease with age.