Workers Expect Inflation to Rise from 3% to 5% Next

question 125

Multiple Choice

Workers expect inflation to rise from 3% to 5% next year.As a result,this should

• A)shift the short-run aggregate supply curve to the left.
• B)shift the short-run aggregate supply curve to the right.
• C)move the economy up along a stationary short-run aggregate supply curve.
• D)move the economy down along a stationary short-run aggregate supply curve.

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Definitions:

Radiopaque

Impenetrable to the X-ray or other forms of radiation.

Impenetrable

Impossible to pass through or enter, often used to describe dense materials or abstract concepts like complex theories.

Radiation

The emission of energy as electromagnetic waves or as moving subatomic particles, especially high-energy particles that cause ionization.

Mammogram

An X-ray examination of the breast used to detect and diagnose breast diseases, especially breast cancer, in women.