A Rightward Shift of the AD Curve in the Very

question 263

Multiple Choice

A rightward shift of the AD curve in the very steep upper part of the short-run AS curve will

• A) increase real output by more than the price level.
• B) increase the price level by more than real output.
• C) reduce real output by more than the price level.
• D) reduce the price level by more than real output.

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Definitions:

Need Theory

A motivational psychology theory that identifies certain needs as the primary drivers of human behavior.

Motivation Process

Involves the psychological forces that determine the direction of a person's behavior in an organization, a person's level of effort, and a person's level of persistence in the face of obstacles.

Achieve Objectives

The process of successfully reaching goals or targets through planned strategies and actions.

Content Theories

Theories that focus on identifying and understanding the specific needs and motives that drive human behavior and satisfaction in organizational contexts.