Everything Else Held Constant,if Aggregate Output Is to the Right

question 127

Multiple Choice

Everything else held constant,if aggregate output is to the right of the IS curve,then there is an excess ________ of goods which will cause aggregate output to ________.

• A)supply;fall
• B)supply;rise
• C)demand;fall
• D)demand;rise

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Definitions:

Determined Behavior

Actions that are influenced or controlled by external or internal factors, rather than by free will.

Absolutist Perspective

A viewpoint that believes in absolute principles in political, ethical, or philosophical matters, with no room for relative interpretations.

Visible Disability

A physical or health condition that is clearly apparent or visible to others and may affect an individual's interaction or accessibility in society.

Positivist Social Scientist

A researcher who applies empirical, scientific methods and quantitative analysis to study and understand social phenomena and behaviors.