If the Aggregate Demand Curve Shifts Rightward,then _____

question 132

Multiple Choice

If the aggregate demand curve shifts rightward,then _____.

• A)the price level increases and output decreases
• B)the resulting increase in the price level is usually called cost-push inflation
• C)the resulting increase in the price level is usually called demand-pull inflation
• D)the price level increases as long as the aggregate supply curve shifts leftward
• E)the price level decreases and output decreases

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Definitions:

Shelter

A structure that provides protection from weather, danger, or discomfort.

Surety

Surety is a financial arrangement where a third party (the surety) guarantees the performance of a primary party's obligations or undertakes to fulfill the primary party's obligations if the primary party fails to do so.

Guarantor

An individual or party that guarantees to pay back a loan or fulfill another obligation if the primary party fails to do so.

Liability

The state of being legally obligated and responsible for something, typically involving restitution for harm or damages caused.