Shifts in the Aggregate-Demand Curve Can Cause Fluctuations in

question 4

Multiple Choice

Shifts in the aggregate-demand curve can cause fluctuations in

• A)neither the level of output nor the level of prices.
• B)the level of output,but not in the level of prices.
• C)the level of prices,but not in the level of output.
• D)the level of output and in the level of prices.

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Recognize the use and purpose of transitional words or phrases in text.

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Definitions:

Numerical

Relating to numbers, or expressed or represented by numbers.

Written Amounts

Quantitative figures or values that are documented or recorded in written form, especially in financial transactions.

Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to a designated person.

Payable

An amount of money that is owed and should be paid.