Given a Downward-Sloping Aggregate Demand Curve,if Short-Run Aggregate Supply Increases,real

question 96

True/False

Given a downward-sloping aggregate demand curve,if short-run aggregate supply increases,real GDP must increase and nominal GDP must fall.

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Definitions:

Drive-By-Wire Throttle

An electronic throttle control system that uses electronic signals to control the throttle opening instead of mechanical linkage.

Accelerator Pedal

A pedal in a vehicle that controls the amount of fuel or power sent to the engine, regulating speed.

Throttle Body

A component in the air intake system of an internal combustion engine that controls the amount of air flowing into the engine, in response to the driver's accelerator pedal input.

Rotary Engines

An internal combustion engine where the combustion chamber rotates around a fixed crankshaft, known for a compact and lightweight design.