Which of the Following, Other Things the Same, Would Make

question 133

Multiple Choice

Which of the following, other things the same, would make the price level decrease and real GDP increase?

• A) long-run aggregate supply shifts right
• B) long-run aggregate supply shifts left
• C) aggregate demand shifts right
• D) aggregate demand shifts left

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Definitions:

Sir William Howe

A British Army officer who rose to become Commander-in-Chief of British forces during the early years of the American Revolutionary War, known for his role in capturing New York City.

Battle of Saratoga

A pivotal series of military engagements in 1777 during the American Revolutionary War, marking a significant turning point with the American victory convincing France to support the United States.

Decisive Battle

A military engagement that significantly determines or changes the outcome of a conflict or war, often leading to an end of hostilities.

American Military Position

Refers to the strategic stance or deployment of the United States Armed Forces globally to protect national interests and support international peace and security.