If the Price Level Should Increase in the near Term

question 158

Multiple Choice

If the price level should increase in the near term due to decreases in the short-run aggregate supply, the result would be

• A) demand-pull inflation.
• B) demand-pull recession.
• C) cost-push inflation.
• D) cost-pull expansion.

---

Definitions:

Amygdala

A small, almond-shaped cluster of nuclei located deep within the temporal lobes of the brain, involved in processing emotions such as fear and pleasure.

Vigilance

The action or state of keeping careful watch for possible danger or difficulties, often associated with a heightened state of alertness.

Split-brain Operation

A neurosurgical procedure that involves severing the corpus callosum to treat refractory epilepsy, impacting how the brain's hemispheres communicate.

Epileptic Seizures

Episodes of abnormal electrical activity in the brain leading to various symptoms such as convulsions, sensory disturbances, or loss of consciousness, indicative of epilepsy.