Exhibit 10-8 Aggregate Demand and Supply in Exhibit 10-8

question 133

Multiple Choice

Exhibit 10-8 Aggregate demand and supply In Exhibit 10-8, if aggregate demand shifts from AD₁ to AD₃,

• A)real GDP will increase from $3.0 to $4.0, and the price level will increase from 100 to 140.
• B)real GDP will increase from $3.0 to $7.0, and the price level will increase from 100 to 140.
• C)real GDP will increase from $3.0 to $4.0, and the price level does not change.
• D)real GDP will increase from $3.0 to $7.0, and the price level will increase from 100 to 120.
• E)real GDP will not change and the price level will increase from 100 to 140.

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Definitions:

Learning Disability

A neurodevelopmental disorder that affects a person's ability to learn specific academic skills, impacting reading, writing, or mathematics.

Brain Activity

The functions and neurological processes occurring within the brain, including thoughts, emotions, and coordination of bodily movements.

Scientific Methods

Systematic procedures for collecting and analyzing data, forming hypotheses, and testing predictions, fundamental to the acquisition of new knowledge.

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring, a central mechanism of evolution.