Exhibit 14A-1 Aggregate Demand and Supply Model

question 47

Multiple Choice

Exhibit 14A-1 Aggregate demand and supply model

Beginning from long-run equilibrium at point E₁ in Exhibit 14A-1, the aggregate demand curve shifts to AD₂ . The real GDP and price level (CPI) in short-run equilibrium will be:

• A) $12 billion and 200.
• B) $8 billion and 250.
• C) $8 billion and 150.
• D) $12 billion and 250.

---

Definitions:

Strategic Partners

Entities that form a partnership in order to achieve common goals or undertake specific projects with mutual benefits.

Protecting Workers

Efforts and regulations designed to ensure the safety, rights, and well-being of employees in the workplace.

TEAM Act

A proposed or existing legislative act focused on Teamwork for Employee Advancement and Management, potentially involving policies that influence employee-employer relations and collaborative work environments.

Employee Involvement Programs

Refers to organizational strategies designed to engage workers more directly in decision-making processes and operations, aiming to improve job satisfaction and overall company performance.