-In the Figure Above, as the Price Level Increases the Aggregate

question 139

Multiple Choice

-In the figure above, as the price level increases the aggregate demand curve will

• A)shift from AD₁ to AD₃.
• B)shift from AD₁ to AD₂.
• C)not shift, but the aggregate demand curve will change so that it is positively sloped.
• D)not shift.
• E)shift from AD₁ to AD₃ and then back to AD₁ .

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Definitions:

External Comparisons

The act of evaluating one's performance, practices, or characteristics by measuring them against those of other entities or benchmarks.

Current Performance

The assessment of an organization, employee, or system's present output or results, often compared to past performance or predetermined objectives.

Management By Objectives (MBO)

A management strategy where employees set objectives in alignment with company goals to improve performance and participation.

Personal Development

Personal development involves activities that improve self-awareness, develop talents, and enhance quality of life and career prospects.