A Rightward Shift of the AD Curve in the Very

question 168

Multiple Choice

A rightward shift of the AD curve in the very flat part of the short-run AS curve will

• A)increase real output by more than the price level.
• B)increase the price level by more than real output.
• C)reduce real output by more than the price level.
• D)reduce the price level by more than real output.

---

Definitions:

Upstream

In the context of oil and gas, it refers to exploration and production activities; in supply chain management, it relates to the procurement of raw materials.

Downstream

In business, refers to processes or activities that occur toward the end of a supply chain, often associated with the distribution and sale of finished products.

Equity Method

This involves documenting investments when the investor holds substantial influence over the entity being invested in, without having total control.