If the Aggregate Supply Curve Shifts Leftward

question 87

Multiple Choice

If the aggregate supply curve shifts leftward,

• A)the price level increases and output increases
• B)the resulting increase in the price level is usually called cost-push inflation
• C)the resulting increase in the price level is usually called demand-pull inflation
• D)the price level increases only if there is also a rightward shift of the aggregate demand curve
• E)the price level decreases and output increases

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Definitions:

Proactive Amnesia

An error, possibly meant to be "Proactive Amnesia" refers to NO.

Implicit Memory

A type of long-term memory that influences thoughts and behaviors without conscious awareness.

Conscious Level

The degree of awareness an individual has of their environment and their own existence, sensations, and thoughts.

Encoding

The method of transforming data into a format that can be retained in memory.