In the Dynamic Aggregated Demand and Aggregate Supply Model,inflation Occurs

question 108

Multiple Choice

In the dynamic aggregated demand and aggregate supply model,inflation occurs if

• A)AD shifts faster than SRAS.
• B)AD shifts slower than SRAS.
• C)SRAS shifts faster than AD.
• D)LRAS shifts faster than AD.

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Definitions:

Shims

Thin pieces of material used to fill small gaps or spaces between objects for proper fit, alignment, or support.

Dowels

Cylindrical rods, typically made of wood, metal, or plastic, used to reinforce joints or support shelves and other components in furniture.

Cylinders

Three-dimensional geometric shapes with straight parallel sides and a circular or oval cross-section.

Drill Bits

Tools made of hard material, often high-speed steel or carbide, used to create cylindrical holes.