A) the Aggregate Supply Curve Would Have to Shift Rightward

question 34

Multiple Choice

• A) the aggregate supply curve would have to shift rightward.
• B) the aggregate supply curve would have to shift leftward.
• C) real domestic output would have to remain constant.
• D) the aggregate supply curve would have to be vertical.

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Definitions:

Confidence interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, with a certain degree of confidence.

Population mean

The average value of a characteristic within an entire population.

Population standard deviation

A measure of the dispersion or variability within a total population.

Sample median

The midpoint value of a sample data set, where half the numbers are above the median and half are below.