-Suppose the Economy Is at Point B

question 277

Multiple Choice

-Suppose the economy is at point B. If a recession in another country decreases exports, to what point might economy move in the short run?

• A) It shifts to a point such as C.
• B) It shifts to a point such as A.
• C) It stays at point B.
• D) None of the above answers are correct because it is the SAS curve that shifts, not the AD curve.

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Definitions:

Unsaturated Fatty Acid

Fatty acids with one or more double bonds in their hydrocarbon chain, essential in the human diet.

Adipic Acid

An industrially significant dicarboxylic acid, used primarily in the production of nylon and other polymers.

Reagent

A substance or compound added to a system to cause a chemical reaction or test if a reaction occurs.

Transesterified

The process of exchanging the organic group R″ of an ester with the organic group R' of an alcohol.