-If the Costs of Production Increase,there Is

question 44

Multiple Choice

-If the costs of production increase,there is

• A)a decrease in aggregate supply and the AS curve shifts rightward.
• B)a decrease in aggregate supply and the AS curve shifts leftward.
• C)an increase in the quantity of real GDP supplied and a movement up along the AS curve.
• D)a decrease in the quantity of real GDP supplied and a movement down along the AS curve.
• E)an increase in aggregate supply and the AS curve shifts rightward.

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Definitions:

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A judicial opinion that represents the reasoning of the largest number of judges, but less than a majority.

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The process by which a higher court sends a case back to a lower court for further action in accordance with the higher court's directive.

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A summarized document that outlines the facts, issues, ruling, and reasoning of a particular judicial decision or court case.

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