Refer to the Above Diagram

question 93

Multiple Choice

Refer to the above diagram.The initial aggregate demand curve is AD₁ and the initial aggregate supply curve is AS₁.Cost-push inflation in the short run is best represented as a:

• A)leftward shift of the aggregate supply curve from AS₁ to AS₂.
• B)rightward shift of the aggregate demand curve from AD₁ to AD₂.
• C)move from d to b to a.
• D)move from d directly to a.

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Definitions:

Input Module

A component of a modular PLC or control system that receives signals from input devices, such as sensors, and converts them into a form that the processor can use.

Output Module

A component in a control system that facilitates the transfer of digital or analog signals from the controller to actuating devices.

Open Switch

A switch that is in a default state of breaking the circuit, preventing the flow of electrical current until it is closed.

Closed Switch

A switch that is in the "on" position, allowing electrical current to flow through the circuit.