A Decrease in the Expected Price Level Shifts Short-Run Aggregate

question 38

Multiple Choice

A decrease in the expected price level shifts short-run aggregate supply to the

• A)right,and an increase in the actual price level shifts short-run aggregate supply to the right.
• B)right,and an increase in the actual price level does not shift short-run aggregate supply.
• C)left,and an increase in the actual price level shifts short-run aggregate supply to the left.
• D)left,and an increase in the actual price level does not shift short-run aggregate supply.

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Definitions:

Identical Twins

Twins who develop from a single fertilized egg, hence sharing 100% of their genes, making them genetically identical.

Rh Incompatibility

A condition in which antibodies produced by the mother are transmitted to the child, possibly causing brain damage or death.

Rh-Positive

Refers to the presence of the Rh factor on the red blood cells; an individual with Rh-positive blood type can receive Rh-positive or Rh-negative blood.

Rh-Negative

A blood type classification indicating the absence of the Rh factor, a protein present on the surface of red blood cells, which can affect pregnancy and blood transfusions.