If an Economy Is Growing,but Experiences No Inflation,this Means

question 134

Multiple Choice

If an economy is growing,but experiences no inflation,this means

• A)aggregate demand increased,but aggregate supply did not.
• B)aggregate supply increased,but aggregate demand did not.
• C)aggregate demand and aggregate supply increased by the same amount.
• D)aggregate demand and aggregate supply decreased by the same amount.

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Definitions:

Crust Thickness

The measure of the depth or the vertical extent of the Earth's crust, varying between oceanic and continental regions.

Rule of Thumb

A widely used guideline or principle that is not strictly accurate or reliable for every situation but provides a good general estimate.

Isostatic Rebound

Uplifting caused by the removal of weight on top of the crust, as when an ice sheet melts away or when erosion strips material off the top of a thick crustal root of a mountain.

Ice Sheet

A large mass of glacier ice that covers an area of over 50,000 square kilometers, often found in polar regions.