-If Potential GDP Increases,then,in the Figure Above,the Potential GDP Line

question 139

Multiple Choice

-If potential GDP increases,then,in the figure above,the potential GDP line ________,and the aggregate supply curve ________.

• A)shifts rightward;shifts leftward
• B)shifts rightward;shifts rightward
• C)does not shift;shifts rightward
• D)does not shift;does not shift
• E)shifts rightward;does not shift

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Definitions:

Running Shoes

Footwear designed specifically for running, providing support, cushioning, and traction to enhance performance and reduce the risk of injury.

Target Market

A specific group of consumers identified as the intended recipients of a company's marketing efforts, characterized by shared demographics or interests.

Consumer Culture

A social and economic order that encourages the acquisition of goods and services in ever-increasing amounts, highlighting the relationship between consumer practices and societal values.

Regional Culture

The shared customs, beliefs, arts, and historical heritage of a specific geographical area, influencing the lifestyle and behavior of its inhabitants.