According to the AS/AD Model, in the Short Run an Increase

question 59

Multiple Choice

According to the AS/AD model, in the short run an increase in the cash rate will

• A)decrease real GDP but leave the price level unchanged.
• B)decrease the price level and decrease real GDP.
• C)increase the price level and decrease real GDP.
• D)decrease the price level but leave real GDP unchanged.

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Definitions:

Motivate Employees

The process of inspiring and encouraging employees to achieve their best performance and commit to an organization's goals and success.

Long-Term Incentive

A reward system designed to improve employees' long-term performance, often through bonuses, stock options, or other financial rewards that vest over a period.

Stock Option

A benefit in which the employee is given the option to buy the company's stock at a discounted price.

Sales Commission

A form of remuneration given to sales employees, usually calculated as a percentage of the sales they have made, as an incentive to increase sales performance.