If the Aggregate Demand Curve Shifts Faster Than the Long-

question 317

Multiple Choice

If the aggregate demand curve shifts faster than the long- run aggregate supply curve, then _ occurs.

• A) leftward; economic growth
• B) rightward; inflation
• C) leftward; inflation
• D) rightward; economic growth

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Definitions:

Finishing

The process of completing or giving the final touches to a product, workpiece, or surface to achieve the desired appearance or functionality.

Standard Deviation

A statistic that measures the dispersion of a dataset relative to its mean, indicating how spread out the data points are.

Emergency Calls

Phone calls made to emergency services, such as police, fire brigade, or medical services, requesting immediate assistance.

Workshift

A scheduled period of time during which an individual is expected to perform work duties.