Assuming a Long-Run Aggregate Supply Curve, a Decrease in Government

question 111

Multiple Choice

Assuming a long-run aggregate supply curve, a decrease in government spending results in ________ in output and ________ in price level.

• A) no change; an increase
• B) no change; a decrease
• C) a decrease; a decrease
• D) an increase; no change

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Definitions:

Follow-up Care

Ongoing health care given to a patient following the initial treatment of a condition, to monitor recovery and prevent recurrence.

Community

A group of people living in the same place or having a particular characteristic in common, often sharing a sense of belonging and mutual support.

ECT

Electroconvulsive Therapy (ECT) is a medical treatment that involves applying brief electrical pulses to the brain to induce controlled seizures, primarily used to treat severe depression and other mental health disorders.

Psychiatrists

Medical doctors specializing in the diagnosis, treatment, and prevention of mental illnesses and disorders, often using a combination of medication and psychotherapy.