A) Real Output Will Rise Above $Q _ { f }.$

question 182

Multiple Choice

• A) real output will rise above \(Q _ { f }.\)
• B) the price level will rise from \(P _ { 1 } \text { to } P _ { 2 }\)
• C) it is possible that aggregate supply will shift rightward from A \(\mathrm { AS } _ { 2 }\) because nominal wage Demands will rise.
• D) the price level will rise from \(P _ { 2 } \text { to } P _ { 3 }\)

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Definitions:

Illusory Promise

An agreement that lacks a true commitment from the promisor, making it unenforceable as a contract.

Accord

An agreement between parties to settle a dispute or obligation.

Satisfaction

The fulfilment of a requirement, payment of a debt, or resolution of a claim.

Illusory

This refers to something that appears to be real or possible but actually lacks substance, reality, or is deceptive in nature.