In the Short Run, If Aggregate Demand Decreases

question 5

Multiple Choice

In the short run, if aggregate demand decreases,

• A)output increases while prices fall.
• B)only prices fall.
• C)prices rise.
• D)both output and the price level fall.

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Definitions:

Critical Thinking

The goal of critically examining and assessing a matter to establish an opinion.

Nursing Process

A systematic method used by nurses to assess, diagnose, plan, implement, and evaluate care for patients.

Linear Processes

Systems or sequences of actions where the output or effect is directly proportional to the input, often characterized by a straightforward progression from cause to effect.

Nursing Diagnosis

A clinical judgment about individual, family, or community experiences/responses to actual or potential health problems/life processes, used by nurses to guide patient care.