Consider the Basic AD/AS Model, and Suppose There Is a Negative

question 94

Multiple Choice

Consider the basic AD/AS model, and suppose there is a negative output gap. If an expansionary fiscal policy is pursued and the AS curve shifts right unexpectedly, the fiscal policy may be , and real GDP may _ _ potential GDP.

• A)too strong; rise above
• B)too weak; stay below
• C)too weak; rise above
• D)appropriate; equal
• E)too strong; stay below

---

Definitions:

Retailer's Image

The public perception of a retail store, shaped by its branding, customer service, product selection, and overall shopping experience.

Opportunistic Buying

Acquiring products or services under favorable circumstances, often at reduced prices, due to special situations rather than planned purchasing.

Retailer

A business or person that sells goods to the consumer, as opposed to a wholesaler or supplier, who normally sell their goods to another business.

Retail Atmospherics

The use of physical elements in a retail space to influence consumers' mood, behavior, and perceptions to enhance shopping experience.