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

question 102

Multiple Choice

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

• A)right;supply
• B)right;demand
• C)left;supply
• D)left;demand

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Definitions:

Food, Conservation, and Energy Act

A law enacted by the United States governing agriculture, forestry, and food policy, also known as the 2008 Farm Bill.

Freedom to Farm Act

Legislation aimed at reducing government restrictions on farming, allowing farmers more freedom in deciding what crops to plant and how to manage their land.

Conservation Reserve Program

A U.S. government program designed to reduce agricultural production by compensating farmers for not planting part of their land to improve environmental quality.

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.