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

question 105

Multiple Choice

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

• A)right;fall
• B)right;rise
• C)left;fall
• D)left;rise

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Definitions:

Ideation Process

A creative process involving the generation, development, and communication of new ideas.

Concrete Actions

Specific, tangible steps taken towards accomplishing a goal or executing a plan.

Keen Observer

A person who is highly attentive and able to notice fine or important details that others might overlook.

Practice

A repeated exercise or activity to increase proficiency in a skill or area.