Which of the Following Is a Likely Impact of a Decrease

question 100

Multiple Choice

Which of the following is a likely impact of a decrease in the price level in an economy on the aggregate supply in the economy?

• A) an increase in the quantity of real GDP supplied
• B) a decrease in the quantity of real GDP supplied
• C) a leftward shift of the aggregate supply curve
• D) a rightward shift of the aggregate supply curve
• E) an increase in the slope of the aggregate supply curve

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Definitions:

External Communication

The process of exchanging information between a company and external parties such as customers, suppliers, investors, and the public.

Cynical Listening

A type of listening where the listener doubts or questions the sincerity or validity of the speaker's messages.

Grapevine

An informal communication network within an organization, spreading information through personal contacts and conversations.

Informal Communication

A form of communication that is not formal or structured, including casual conversations, gossip, and social interactions within an organization.