In the Short-Run, If the Price Level Is Greater Than

question 55

Multiple Choice

In the short-run, if the price level is greater than the expected price level, then in the long run the aggregate:

• A) demand curve will shift leftward.
• B) demand curve will shift rightward.
• C) supply curve will shift upward.
• D) supply curve will shift downward.

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Definitions:

Supination

The outward rotation of the forearm or foot, such that the palm or sole faces upwards or forwards.

Pronation

The inward roll of the foot during normal motion when walking or running, where the outer edge of the heel strikes the ground first and the foot rolls inward.

Muscle Contractions

The process by which muscle fibers produce force and shorten, resulting in movement or maintenance of posture.

Eversion

The movement of turning a body part outward, such as rotating the sole of the foot away from the midline of the body.