When Aggregate Demand Increases

question 42

Multiple Choice

When aggregate demand increases,

• A)the price level is likely to rise as GDP rises.
• B)the price level is likely to fall as GDP rises.
• C)aggregate supply will shift to the right.
• D)aggregate supply will shift to the left.

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Definitions:

Increase

A rise or growth in quantity, size, or degree.

Survival Of Elephants

The continuance of elephant populations in the face of various threats like poaching, habitat loss, and climate change.

Lack Of Incentive

A situation where there is no motivation or insufficient motivation to perform an action due to the absence of rewards or perceived benefits.

Elephant Preservation

Efforts and activities dedicated to saving elephants from threats such as poaching and habitat destruction, aiming to ensure their survival and wellbeing.