As Aggregate Demand Shifts Right Along the Aggregate Supply Curve

question 311

Multiple Choice

As aggregate demand shifts right along the aggregate supply curve,

• A)inflation and unemployment are higher.
• B)inflation is higher and unemployment is lower.
• C)unemployment is higher and inflation is lower.
• D)unemployment and inflation are lower.

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Definitions:

Telecommuting

The practice of working remotely, often from home, using digital communication technologies instead of being physically present at a company's office.

Compressed Workweek

An alternative work schedule allowing employees to work longer hours on fewer days, often resulting in a three-day weekend.

Telecommuting

It involves working from a remote location outside of a traditional office environment, often from home, using technology to stay connected.

Flexible Working Hours

An arrangement that allows employees to vary their arrival and departure times, or choose their working hours, to accommodate personal needs and improve work-life balance.