A) Decrease in Aggregate Supply

question 35

Multiple Choice

• A) decrease in aggregate supply.
• B) decrease in the amount of output supplied.
• C) increase in investment spending.
• D) decrease in net export spending.

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Definitions:

Renewable Sources

Energy sources that are replenished naturally, such as solar, wind, and hydroelectric power.

Fossil Fuels

Natural fuels such as coal, oil, and natural gas, derived from the remains of ancient plants and animals, used primarily for energy.

Basis of Classification

The principle or criteria used to categorize or differentiate objects, ideas, or information.

Hotels

Accommodation facilities that provide temporary lodging, meals, and other services for travelers and tourists.