In the Dynamic Aggregated Demand and Aggregate Supply Model, If

question 51

Multiple Choice

In the dynamic aggregated demand and aggregate supply model, if AD shifts faster than AS,

• A)inflation occurs.
• B)deflation occurs.
• C)stagflation occurs.
• D)disinflation occurs.
• E)unemployment rises.

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Definitions:

Evolutionary Pathway

A sequence of genetic, structural, or functional changes that occur in a biological lineage over time leading to diversification and speciation.

Notochord

A flexible rod-like structure that provides support in all embryonic and some adult chordate animals.

Amniotic Egg

An egg with a protective amniotic membrane, enabling the embryo to develop outside the mother's body, characteristic of reptiles, birds, and certain mammals.

Homo Habilis

An extinct species of early human that lived approximately 2.1 to 1.5 million years ago, known for using stone tools.