-Use the Figure Above to Answer This Question

question 326

Multiple Choice

-Use the figure above to answer this question. At a price level of 110

• A) real GDP is greater than the aggregate quantity demanded and firms will cut production.
• B) real GDP is less than the aggregate quantity demanded and firms will increase production.
• C) inventories will decrease.
• D) real GDP less than the aggregate quantity demanded and firms will increase prices.

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Definitions:

WHMIS

Workplace Hazardous Materials Information System; a Canadian system providing information on the safe use of hazardous materials at work through labels and safety data sheets.

Phytoremediation

A bioremediation process that uses various types of plants to remove, transfer, stabilize, or destroy contaminants in the soil and groundwater.

Contaminants

Substances that are introduced into an environment where they don't belong, often harmful to organisms, polluting water, air, and soil.

Organic Contaminants

Harmful chemicals derived from or containing carbon, found in the environment, potentially affecting water and soil quality.