A Rightward Shift in the Economy's AS Curve Implies That

question 10

Multiple Choice

A rightward shift in the economy's AS curve implies that

• A)at any given price level,a lower level of output will be supplied.
• B)at any given price level,a higher level of output will be supplied.
• C)there is a decrease in aggregate supply.
• D)there is a demand shock.
• E)the same output will be produced,but only at a higher price level.

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Definitions:

REM Sleep

A phase of sleep characterized by rapid eye movement, dreaming, and increased brain activity similar to the waking state.

Electroencephalograph (EEG)

A medical test used to measure the electrical activity of the brain, often used in the diagnosis of neurological conditions.

REM Sleep

Rapid Eye Movement Sleep, a unique phase of sleep characterized by rapid movement of the eyes, increased brain activity, and vivid dreams.

Amplitude

The extent of a vibratory movement, measured from the position of equilibrium to the highest point of the wave, indicating the strength or intensity of a wave phenomenon.