As There Is a Movement Upward and Leftward Along the AD

question 153

Multiple Choice

As there is a movement upward and leftward along the AD curve,

• A) aggregate expenditure decreases
• B) the price level remains constant
• C) equilibrium GDP increases
• D) aggregate expenditure increases
• E) the interest rate falls

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Definitions:

Line-Wedge Structure

A representation of a molecule in 3-D, where lines and wedges depict bonds in plane, coming out of the plane, and going behind the plane respectively.

Stereochemistry

The study of the spatial arrangement of atoms in molecules and the impact of this arrangement on the physical and chemical properties of those molecules.

Racemic Alanine

A mixture of equal amounts of the two enantiomers of alanine, an amino acid, showing no optical activity due to the internal compensation of chiralities.

Ethanol

A volatile, flammable, colorless liquid alcohol, commonly used as a solvent and intoxicant.