If Inflation Turns Out to Be Higher Than Expected,this Will

question 68

Multiple Choice

If inflation turns out to be higher than expected,this will

• A) shift long-run aggregate supply to the right.
• B) shift long-run aggregate supply to the left.
• C) shift short-run aggregate supply to the left.
• D) shift short-run aggregate supply to the right.
• E) have no effect on aggregate supply.

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Definitions:

Pilot

Any of a number of devices that receives a signal and then effects an action; can also be known as a relay.

Spool

A cylindrical device around which materials such as thread, wire, or film are wound for storage.

Swashplate Pump

A type of hydraulic pump where a rotating swashplate controls the flow of fluid, used in various high-pressure hydraulic systems.

Wobble Plate

A mechanical component used in axial piston pumps or engines to convert rotational motion into linear motion, or vice versa, through its off-center rotation.