Which of the Following Would Cause Prices to Fall and Output

question 192

Multiple Choice

Which of the following would cause prices to fall and output to rise in the short run?

• A) Short-run aggregate supply shifts right.
• B) Short-run aggregate supply shifts left.
• C) Aggregate demand shifts right.
• D) Aggregate demand shifts left.

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Definitions:

Public Lands

Land owned by the government, open for use and development by the public or preserved for environmental protection or cultural significance.

Mexican-American Outlaw

A figure from history or folklore, often romanticized, involved in criminal activities in the contexts of the U.S.-Mexican borderlands.

Gregorio Cortez

A Mexican-American folk hero and outlaw known for his resistance against law enforcement injustices in early 20th-century Texas.