For Each Outcome Below,tell What Type of Shift Must Have

question 38

Essay

For each outcome below,tell what type of shift must have taken place in either the aggregate demand curve or the long-run aggregate supply curve.
(a)In the short run,the price level is unchanged and output rises.
(b)In the long run,the price level declines and output is unchanged.
(c)In the long run,the price level rises and output declines.

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Definitions:

Anxiety Increases

A phenomenon where levels of anxiety escalate in response to stressors, perceived threats, or overwhelming situations.

Coping Flexibility

The ability to effectively adjust one's coping strategies according to the demands of different stressful situations.

Traumas

Deeply distressing or disturbing experiences that may have long-lasting negative effects on an individual's mental and emotional health.

Future Traumas

Anticipated or potential traumatic events that could have adverse emotional, psychological, or physical impacts on an individual.