Other Things Equal, a Decrease in the Price Level Will

question 44

Multiple Choice

Other things equal, a decrease in the price level will:

• A)shift the short run aggregate supply curve to the left.
• B)shift the aggregate demand curve to the left.
• C)cause a movement up a short-run aggregate supply curve.
• D)cause a movement down a short run aggregate supply curve.

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Definitions:

Midbrain

A part of the brainstem involved in functions such as vision, hearing, motor control, sleep/wake, arousal (alertness), and temperature regulation.

Diencephalon

A part of the brain containing elements including the thalamus and hypothalamus, responsible for sensory processes and involuntary bodily operations.

Flocculonodular Lobe

The flocculonodular lobe is a region of the cerebellum involved in balance and eye movements.

Cerebellar Peduncles

Nerve fiber bundles that connect the cerebellum to the brainstem, facilitating communication.