A Change in the Price Level Brings a ________ the Aggregate

question 137

Multiple Choice

A change in the price level brings a ________ the aggregate supply curve,NOT a ________ the aggregate supply curve.

• A)shift in;movement along
• B)vertical displacement of;change in the slope of
• C)movement along;shift in
• D)change in the slope of;horizontal displacement of
• E)shift in;change in the slope of

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Definitions:

Model Laws

Laws created to account for the variability of laws among states. These laws serve to standardize the otherwise different interstate laws. Also called uniform laws.

Uniformity

The state of being the same in form, manner, appearance, or degree; often sought in laws to ensure consistency.

Prosecuted

To bring legal action against an individual or entity, seeking to prove their guilt in a court of law.

Federal Government

The national government of a federated state, which possesses authority over national matters and operates above state or provincial governments.