What Will an Increase in the Price Level Result In

question 153

Multiple Choice

What will an increase in the price level result in?

• A)a decrease short-run aggregate supply
• B)an increase in the quantity of real GDP supplied, but not an increase in short-run aggregate supply
• C)a decrease in the quantity of real GDP supplied, but not a decrease in short-run aggregate supply
• D)an increase short-run aggregate supply

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Definitions:

Phoneme

The smallest unit of sound that makes a meaningful difference between utterances in a given language.

Linguistic Competence

Underlying knowledge that allows a cognitive processor to engage in a particular cognitive activity involving language independent of behavior expressing that knowledge. Contrast with linguistic performance.

Underlying Knowledge

The fundamental understanding or skills that support more advanced learning or reasoning.

Syntactically Legal

A term used to describe sentences or expressions that are constructed in accordance with the rules of syntax for a specific language.