A Rightward Shift in the AD Curve Accompanied by a Leftward

question 93

Multiple Choice

A rightward shift in the AD curve accompanied by a leftward shift of the AS curve will result in

• A)an increase the price level and an uncertain effect on unemployment.
• B)a reduction in the price level and an uncertain effect on unemployment.
• C)an increase in unemployment and an uncertain effect on the price level.
• D)a reduction in unemployment and an uncertain effect on the price level.
• E)a reduction in both unemployment and the price level.

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Definitions:

Physical Force

The application of power, strength, or energy upon an object or body, causing it to change its velocity or shape.

Bodily Injury

Physical harm or damage to a person's body as opposed to damage to property or reputation.

Expectation of Trust

The anticipation or belief that one can rely on someone else's actions or words as being honest or fulfilling obligations.

Subpoena Duces Tecum

Court process initiated by a party in litigation, compelling production of specific documents and other items, and material in relevance to facts at issue in pending judicial proceedings.