Which of These Is a Likely Impact of a Decrease

question 68

Multiple Choice

Which of these is a likely impact of a decrease in the price level in an economy on the aggregate supply in the economy?

• A)An increase in the quantity of real GDP supplied
• B)A decrease in the quantity of real GDP supplied
• C)A leftward shift of the aggregate supply curve
• D)A rightward shift of the aggregate supply curve
• E)An increase in the slope of the aggregate supply curve

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Definitions:

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A relationship between entities where each affects or depends on the other.

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The organ located in the skull of vertebrates that controls the central nervous system, responsible for processing sensory information and directing responses.