Given a fiXed Upsloping AS Curve, a Rightward Shift of the AD

question 192

Multiple Choice

Given a fixed upsloping AS curve, a rightward shift of the AD curve will

• A) cause cost-push inflation.
• B) increase real output but not the price level.
• C) increase the price level but not real output.
• D) increase both the price level and real output.

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Definitions:

Current Flow

The movement of electric charge carriers in a conductor or space, typically measured in amperes.

Applied Voltage

The level of electric force applied over a circuit or component, causing current to begin moving.

Total Current

The overall flow of electricity in a circuit, measured in amperes, which is constant throughout a series circuit.

Current Flow

The movement of electric charge carriers, such as electrons, through a conductor or circuit, typically directed from a positive to a negative point.