If the Short-Run Aggregate Supply Curve Is Positively Sloped and the Fed

question 50

Multiple Choice

If the short-run aggregate supply curve is positively sloped and the Fed increases the money supply,aggregate demand:

• A)falls,which increases real GDP and the price level.
• B)increases,which decreases real GDP and the price level.
• C)falls,which decreases real GDP and increases the price level.
• D)increases,which decreases real GDP and increases the price level.
• E)increases,which increases real GDP and the price level.

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Definitions:

Diesel Fuel

A type of liquid fuel used in diesel engines, formulated from the distillation of petroleum.

Electronically Controlled

Refers to systems or components regulated or operated through electronic signals and sensors rather than manual or mechanical means.

J1939 Data Bus

The physical neural network of a CAN 2.0 network bus using J1939 protocols consisting of a twisted two-wire pair, SA stubs, and two terminating resistors. Used as the primary powertrain bus even in systems using multiple auxiliary buses. Theoretically capable of speeds of up to 1 Mb/s but usually maxed out at 500 Kb/s in current applications.

ECU Output

The signals or commands sent out by an Engine Control Unit to various systems within a vehicle.