Along the Keynesian Range of the Aggregate Supply Curve, an Increase

question 21

Multiple Choice

Along the Keynesian range of the aggregate supply curve, an increase in the aggregate demand curve will increase:

• A) both the price level and real GDP.
• B) only real GDP.
• C) only the price level.
• D) real GDP and reduce the price level.

---

Definitions:

Directional Drilling

Drilling within a targeted shale body to permit hydraulic fracturing.

Maturation Of Coal

The process through which plant material is converted into coal over millions of years, increasing in carbon content and energy.

Methane

A greenhouse gas consisting of one carbon atom and four hydrogen atoms, commonly produced through anaerobic decomposition of organic material.

Impurities

Foreign substances within a material that can affect its properties, performance, or appearance.