Refer to the Graph Shown

question 70

Multiple Choice

Refer to the graph shown.Given the price increase in the graph, we can infer that the international effect by itself:

• A)raises the quantity of aggregate demand by Y₀ - Y_e.
• B)raises the quantity of aggregate demand by less than Y₀ - Y_e.
• C)reduces the quantity of aggregate demand by Y₀ - Y_e.
• D)reduces the quantity of aggregate demand by less than Y₀ - Y_e.

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Definitions:

Grignard Reaction

A chemical reaction in which an alkyl, vinyl, or aryl-magnesium halide (Grignard reagent) adds to a carbonyl group in an aldehyde or ketone.

Epoxide

A cyclic ether with a three-atom ring, consisting of an oxygen atom and two carbon atoms.

Aldehyde

Organic compounds characterized by the presence of a carbonyl group bonded to at least one hydrogen atom.

Ketone

An organic compound characterized by a carbonyl group bonded to two other carbon atoms; important in organic chemistry and biology.