Because Increases in Inflation Reduce Aggregate Spending and Short-Run Equilibrium

question 119

Multiple Choice

Because increases in inflation reduce aggregate spending and short-run equilibrium output:

• A) the short-run aggregate supply line is downward sloping.
• B) the aggregate demand curve is horizontal.
• C) the aggregate demand curve is downward sloping.
• D) the aggregate demand curve is upward sloping.

---

Definitions:

Narcissism

A personality characteristic that involves pride, self-admiration, and a lack of empathy for others.

Idiographic Goal

Personal, unique goals that are specific to an individual's interests and desires, helping to shape their behavior and personality.

Current Concerns

The present-day issues or topics that are of interest or importance to an individual or society.

Developmental Goals

Objectives or aims centered on achieving growth or progress in specific areas, often within a developmental context such as psychological, physical, or emotional growth.