Which of the Following Is Most Likely to Happen If

question 161

Multiple Choice

Which of the following is most likely to happen if the aggregate demand curve for an economy (which was initially in equilibrium) shifts to the left, aggregate supply remaining unchanged?

• A) The equilibrium real GDP will decrease.
• B) The equilibrium price level in the economy will increase.
• C) The aggregate supply curve will shift rightward.
• D) The aggregate supply curve will shift leftward.
• E) The economy will experience an expansion.

---

Definitions:

Resonance

Resonance in physics refers to the phenomenon where a system vibrates at an increased amplitude at certain frequencies known as the system's natural frequencies.

Metaphors

Figures of speech in which a term or phrase is applied to something to which it is not literally applicable in order to suggest a resemblance.

Unique Benefit

A distinctive advantage or positive feature offered by a product, service, or situation that sets it apart from competitors.

Persuasive

Capable of convincing someone to do or believe something through reasoning or the use of emotional appeals.