What Would Cause the Price Level to Decrease and Employment

question 116

Multiple Choice

What would cause the price level to decrease and employment to increase?

• A) a shift to the left of the aggregate demand curve
• B) a shift to the right of the aggregate demand curve
• C) a shift to the left of the short-run aggregate supply curve
• D) a shift to the right of the short-run aggregate supply curve

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Definitions:

RTO Timer

A "Retentive Timer On" in programmable logic controllers, maintaining its accumulated value even after the input condition goes false.

Instantaneous Contacts

Contacts in an electrical circuit or relay that make or break a connection immediately upon actuation, without delay.

ACC

Accelerator Control Coaster; this term might be incorrectly listed as it's not standard without context, but in automotive it could refer to Accelerator Control, whereas in computing, ACC often stands for Accumulator, a type of register used in CPUs.

Delay Time

A specific duration used to postpone an event or action in a system.