Within the AD/AS Model, an Unanticipated Increase in Short-Run Aggregate

question 190

Multiple Choice

Within the AD/AS model, an unanticipated increase in short-run aggregate supply will cause real output to

• A) increase and the general level of prices to fall.
• B) decrease and the general level of prices to rise.
• C) increase and the general level of prices to rise.
• D) decrease and the general level of prices to fall.

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Definitions:

Education

The act of obtaining or providing structured teaching, particularly within an educational institution such as a school or college.

Unpaid Work

Labor that does not receive monetary compensation, often including domestic duties, caregiving, and volunteer work, disproportionately undertaken by women.

Homophobia

The fear and hatred of gays and lesbians.

Gender Socialization

The process by which individuals learn the cultural norms and expectations associated with their gender through socializing agents like family and media.