Use the Following Diagram to Answer the Following Questions

question 67

Multiple Choice

Use the following diagram to answer the following questions.

-Refer to Diagram 14-2. In the above diagram, which of the following illustrates inflation caused by reduction in production of oil?

• A) a shift in aggregate demand from AD₁ to AD₂.
• B) a shift in aggregate demand from AD₂ to AD₁.
• C) a shift in aggregate supply from AS₂ to AS₁.
• D) a shift in aggregate supply from AS₁ to AS₂.

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Definitions:

Remarriages

The act of marrying again after the dissolution of a previous marriage, either due to divorce or the death of a spouse.

Successful Stepfamilies

Stepfamilies that have managed to blend and foster positive relationships among all members through effective communication, boundaries, and mutual respect.

Emotional

Relating to feelings or the ability to be aware of and respond to emotions, both in oneself and in others.

Economic

Relating to the system of how wealth is produced, distributed, and consumed within a society.