When Potential GDP Increases,the Potential GDP Line ________,And the Aggregate

question 198

Multiple Choice

When potential GDP increases,the potential GDP line ________,and the aggregate supply curve ________.

• A)shifts rightward;shifts rightward
• B)shifts rightward;shifts leftward
• C)shifts leftward;shifts rightward
• D)shifts leftward;shifts leftward
• E)shifts rightward;does not shift

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Definitions:

Consumer Needs

The desires, requirements, or necessities that consumers feel compelled to satisfy, driving their purchasing decisions.

Quick Energy

Fast-acting energy sources, often in the form of food or beverages, that provide immediate vitality or stamina.

Supply Chain Management

The administration of goods and services circulation, which includes the transfer and storage of raw materials, inventory in progress, and completed products from the beginning point to the end-use point.

Marketing Mix

The set of controllable marketing variables that a company uses to pursue its desired level of sales in the target market, famously encapsulated by the 4Ps: Product, Price, Place, and Promotion.