As a Result of the War in Afghanistan, the Population

question 13

Multiple Choice

As a result of the war in Afghanistan, the population of Afghanistan as well as their capital stock was reduced.This can be illustrated by aggregate supply curve

• A)shifting outward.
• B)becoming flatter.
• C)shifting inward.
• D)becoming more elastic.

---

Definitions:

APR

Annual Percentage Rate; a measure of the cost of credit, expressed as a yearly interest rate.

Rate of Compounding

The rate at which an investment grows due to compounding, where interest earns interest over periods.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for loans received from a country's central bank.

Present Value

The present worth of a future sum of money or series of cash flows, based on a given return rate.