Taking into Account the Upward -Sloping Short-Run Aggregate Supply Curve

question 88

Multiple Choice

Taking into account the upward -sloping short-run aggregate supply curve, the short-run effect of an increase in government expenditure on real GDP is that

• A) real GDP increases by less in the short run than in the long run.
• B) real GDP increases by the same amount in the short run as in the long run.
• C) real GDP does not change in the short run because the price level increases.
• D) real GDP increases by more in the short run than in the long run.

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Definitions:

Responsive Teachers

Educators who adapt their teaching methods and interactions based on the individual needs and responses of their students.

Lesbian Mothers

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Gay Fathers

Men who identify as gay and have one or more children, through various means such as adoption, surrogacy, or previous heterosexual relationships.

Harassment

Behavior that disturbs or upsets, and it is characteristically repetitive. In the legal sense, it is behaviors that appear threatening or disturbing.