An Increase in Aggregate Supply Will

question 52

Multiple Choice

An increase in aggregate supply will:

• A)reduce both the price level and real domestic output
• B)reduce the price level but increase real domestic output
• C)increase both the price level and real domestic output
• D)increase the price level but reduce real domestic output

---

Definitions:

Planning

The process of setting goals, defining the means to achieve them, and organizing activities to accomplish those goals.

Prosopagnosia

Prosopagnosia is a neurological disorder characterized by the inability to recognize faces, also known as face blindness.

Recognizing Faces

The cognitive process of identifying and verifying the unique features of individuals' faces, enabling one to discern one person from another.

Diagnosed

The process of identifying a disease or condition from its signs and symptoms through examination, testing, and analysis.