Refer to the Above Diagram

question 8

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:

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concerns or priorities of shareholders, often related to the profitability and governance of a company, aiming to maximize their investment returns.

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The efficient and effective deployment of an organization's resources when and where they are needed.

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