The Table Gives Information About the Relationship Between Input Quantities

question 21

Multiple Choice

$\begin{array} { | c | c | } \hline Input ~Quantity & Real ~Domestic ~Output \\\hline 100 & 200 \\\hline 150 & 300 \\\hline 200 & 400 \\\hline\end{array}$
The table gives information about the relationship between input quantities and real domestic output in a hypothetical economy. Suppose that the price of each input increased from $\$ 5$ to $\$ 8$ . The per-unit cost of production in the economy would

• A) rise by $1.50, and the aggregate supply curve would shift to the right.
• B) rise by 60 percent, and the aggregate supply curve would shift to the left.
• C) rise by 60 percent, and the aggregate demand curve would shift to the left.
• D) fall by $1.50, and the aggregate demand curve would shift to the right.

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Definitions:

Critical Incident Stress Debriefing (CISD)

A structured process for helping individuals who have experienced a traumatic event to discuss their experiences and feelings, aimed at reducing the risk of post-traumatic stress disorder.

Stress Debriefing

A process of psychological intervention shortly after a traumatic event aimed at preventing stress-related symptoms and disorders.

Irrational Beliefs

Thoughts and beliefs that are not based on reason or logical thinking, often leading to negative emotional outcomes.

Cognitive

Relating to mental processes such as awareness, perception, reasoning, and judgment.