Suppose That During World War II the Long-Run Aggregate Supply

question 113

Multiple Choice

Suppose that during World War II the long-run aggregate supply curve shifted right.In order for price and output to have changed in the direction they did,what would have to have happened to aggregate demand?

• A)It would have to have shifted left by less than aggregate supply shifted
• B)It would have to have to shifted left by more than aggregate supply shifted.
• C)It would have to have shifted right by less than aggregate supply shifted
• D)It would have to have to shifted right by more than aggregate supply shifted.

---

Definitions:

Evolutionary Value

The significance of traits, behaviors, or characteristics in terms of their contribution to the survival and reproduction of a species.

Natural Selection

The process by which certain attributes are more successful in a particular environment and therefore become more represented in future generations.

Cultural Groups

Collections of individuals who share common cultural traits, such as language, traditions, values, or beliefs, and identify as part of the same cultural identity.

Common Bond

The shared connection or mutual interest that ties members of a group or community together.