According the Short- Run Aggregate Supply Curve, the Level of Overall

question 107

Multiple Choice

According the short- run aggregate supply curve, the level of overall economic activity:

• A) is negatively affected by increases in the price level.
• B) is not affected by increases in aggregate demand.
• C) is positively affected by increases in the price level.
• D) is not affected by increases in the price level.

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Definitions:

James-Lange Theory

An idea that suggests emotional experience comes after the occurrence of physiological excitement.

Cannon-Bard Theory

A theory of emotion that proposes emotions and bodily reactions occur simultaneously in response to stimuli, contrary to earlier theories that suggest a sequential process.

Two-factor Theory

A theory suggesting emotion is based on physiological arousal and cognitive labeling of that arousal.

Schachter-Singer Theory

A theory of emotion that states emotions are determined by physiological arousal and the cognitive interpretation of that arousal.