When the Aggregate Demand Curve Shifts, the Steeper the SAS

question 254

Multiple Choice

When the aggregate demand curve shifts, the steeper the SAS curve the ________ will be a change in the price level and the ________ will be the multiplier.

• A) larger; larger
• B) larger; smaller
• C) smaller; larger
• D) smaller; smaller

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Definitions:

Permeable

Characteristic of a material or membrane that allows substances to pass through it.

Wide Spectrum

Encompassing a broad range of types, varieties, or categories.

Construct System

A framework of cognitive constructs within which a person perceives, interprets, and interacts with the world, guiding their understanding and behavior.

Range of Convenience

Describes the scope or area within which a particular method, procedure, or concept can be applied.