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

question 107

Multiple Choice

Everything else held constant,if aggregate output is to the left 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:

Dependence

The state of relying on others for support, resources, or decision-making, often due to lack of autonomy or resources.

Antagonistic Attitudes

Hostile or oppositional outlooks that individuals may hold against others or differing viewpoints.

Conflict

A process that begins when one party perceives that another has negatively affected, or is about to negatively affect, something that the first party cares about.

Interdependence

A mutual reliance between two or more groups or individuals, where each party depends on the others for success or benefit.