If the Ultimate Goal of Fiscal Policy Aimed at Aggregate

question 17

Multiple Choice

If the ultimate goal of fiscal policy aimed at aggregate supply is achieved, what happens to the aggregate price level and aggregate output?

• A) aggregate price level decreases; aggregate output decreases
• B) aggregate price level increases; aggregate output increases
• C) aggregate price level decreases; aggregate output increases
• D) aggregate price level increases; aggregate output decreases

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Definitions:

Enlistments

The act of voluntarily joining the armed forces or a similar organization, often associated with military service.

Soldiers

Individuals serving in an army, whether voluntarily or through conscription, who undergo military training and participate in warfare or peacekeeping missions.

Military Technologies

Advanced technologies developed for the purpose of enhancing the effectiveness and efficiency of armed forces and warfare.

Casualties

People killed, wounded, captured, or missing in war or a major accident.