The Short-Run Aggregate Supply Curve Shows How ________ Cause Output

question 26

Multiple Choice

The short-run aggregate supply curve shows how ________ cause output to rise.

• A)increases in inflation
• B)decreases in unemployment
• C)decreases in nominal interest rates
• D)all of the above
• E)none of the above

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Definitions:

Direct Observation

A method of collecting data by watching subjects in their natural environment without any manipulation or interference.

Logical Reasoning

The process of using a logical sequence of thinking, utilizing deductive or inductive reasoning, to arrive at a conclusion or solve problems.

Direct Observation

A method of gathering data by watching behavior or events as they occur in their natural setting.

Internal Events

Psychological or physiological occurrences within an individual that are not observable by others.