Which of the Following Would Correspond to a Movement Downward

question 9

Multiple Choice

Which of the following would correspond to a movement downward along a short-run Phillips curve?

• A)The aggregate demand curve shifts rightward,moving up along a short-run aggregate supply curve.
• B)The aggregate demand curve shifts leftward,moving down along a short-run aggregate supply curve.
• C)The short-run aggregate supply curve shifts leftward,moving up along the aggregate demand curve.
• D)The money supply curve shifts rightward for a given money demand curve.
• E)Both the money demand and the money supply curves shift leftward.

---

Definitions:

Enlightenment Ideas

Intellectual movements of the 17th and 18th centuries that emphasized reason, individualism, and skepticism towards traditional authority, leading to advances in democracy, human rights, and separation of church and state.

Individual Rights

The liberties and entitlements that individuals are guaranteed under the law, including rights to free speech, privacy, and fair trial.

John Locke

A 17th-century English philosopher and political theorist, known as the "Father of Liberalism", whose ideas on individual rights and government by consent significantly influenced the development of political philosophy and democracy.

Governments

Systems or groups of people governing an organized community, often a state.