Which of the Following Statements Is True

question 154

Multiple Choice

Which of the following statements is true?

• A)An increase in potential GDP increases aggregate supply and shifts the AS curve leftward.
• B)A decrease in potential GDP decreases aggregate supply and shifts the AS curve leftward.
• C)An increase in the money wage rate shifts the AS curve rightward.
• D)A fall in the price level shifts the AS curve leftward.
• E)An increase in the money wage rate increases potential GDP.

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Definitions:

Emotion

A complex psychological state that involves a subjective experience, a physiological response, and a behavioral or expressive response.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

Sensory Neurons

Nerve cells that transmit sensory information (sight, sound, feeling, etc.) from the body to the central nervous system.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for processing and transmitting information throughout the body.