Use the Figure Below to Answer the Following Question

question 106

Multiple Choice

Use the figure below to answer the following question.
Figure 10.3.4
-Refer to Figure 10.3.4.The shifts of the SAS and AD curves

• A)cause a proportionate increase in long run aggregate supply.
• B)increase real GDP.
• C)create an above full- employment equilibrium.
• D)lead to a recessionary gap.
• E)lead to an inflationary gap.

---

Definitions:

Advertising Data

Information collected about the performance, reach, and impact of advertising campaigns.

Least Squares Estimate

A mathematical method used to determine the best-fitting line or curve to a set of data points by minimizing the sum of the squares of the differences between the observed values and the values provided by the model.

Intercept

In regression analysis, the point where the line of best fit intersects the y-axis, indicating the expected value of the dependent variable when all independent variables are zero.

Dependent Variable

In an experiment or model, it is the variable being tested and measured, which is expected to change as a result of manipulations of the independent variable(s).