An Increase in the Expected Price Level Shifts the

question 20

Multiple Choice

An increase in the expected price level shifts the

• A)short-run and long-run aggregate supply curves left.
• B)the short-run but not the long-run aggregate supply curve left.
• C)the long-run but not the short-run aggregate supply curve left.
• D)neither the long-run nor the short-run aggregate supply curve left.

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Definitions:

AV Node

A part of the heart's electrical system which acts as a gateway between the atria and ventricles, ensuring the timing of heartbeats.

Electrical Impulse

A sudden surge of energy in one direction, often used in the context of neurons firing and the transmission of signals through the nervous system.

Muscle Contraction

The process of generating tension within a muscle fiber through the actin and myosin filaments sliding past each other.

Wandering Baseline

A term used in electrocardiography to indicate an inconsistent or shifting baseline on the ECG trace, which can complicate the interpretation of cardiac rhythms.