You Can Generally Distinguish an Aggregate Supply-Caused Recession from an Aggregate

question 186

Multiple Choice

You can generally distinguish an aggregate supply-caused recession from an aggregate demand-caused recession because

• A)real GDP will rise in an aggregate supply recession.
• B)the price level will fall in an aggregate supply recession.
• C)the price level will fall in an aggregate demand recession.
• D)real GDP will rise in an aggregate demand recession.

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Definitions:

Ambiguous

Something that is open to more than one interpretation, explanation, or meaning, often leading to confusion or uncertainty.

Group Members

Individuals who are part of a group, sharing common goals, and are identified by themselves or others as belonging to the group.

Disagreement

A situation where two or more parties have differing opinions, perspectives, or preferences.

Discord

Disagreement or conflict among people, groups, or things.