A Leftward Shift of the AS Curve Indicates

question 64

Multiple Choice

A leftward shift of the AS curve indicates:

• A)a decrease in aggregate supply.
• B)an increase in aggregate supply.
• C)a decrease in potential GDP.
• D)an increase in potential GDP.

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Definitions:

Colostomy

A surgical procedure that creates an opening (stoma) from the colon to the surface of the abdomen to eliminate waste.

Peristalsis

The involuntary contractions and relaxations of the muscles in the digestive tract, which move contents through the system.

Jejunum

The middle section of the small intestine between the duodenum and ileum, where most of the nutrients from food are absorbed.

Duodenum

The first section of the small intestine immediately beyond the stomach, responsible for the initial phase of digestion.