If the Aggregate Demand Curve Shifts ________ Faster Than the Long-Run

question 91

Multiple Choice

If the aggregate demand curve shifts ________ faster than the long-run aggregate supply curve, then ________ occurs.

• A) leftward; economic growth
• B) leftward; inflation
• C) rightward; economic growth
• D) rightward; inflation

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Definitions:

Stock Market Indexes

Statistical measures that track the performance of a basket of selected stocks, representing a specific sector or market.

Asset Management Ratios

Financial metrics used to assess how efficiently a company manages its assets to generate revenue, including turnover ratios for inventory, receivables, and fixed assets.

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers for credit sales.

Inventory Turnover

A financial metric indicating how many times a company has sold and replaced its inventory over a specific period.