Consider the Nature of Macroeconomic Equilibrium

question 36

Multiple Choice

Consider the nature of macroeconomic equilibrium.If,at a particular price level,aggregate output demanded is less than that supplied by producers,then

• A)the price level will rise toward its equilibrium value.
• B)the price level will decline toward its equilibrium value.
• C)the aggregate demand curve will shift to the right,re-establishing an equilibrium.
• D)the aggregate supply curve will shift to the left,re-establishing an equilibrium.
• E)the aggregate supply curve will shift to the right,re-establishing an equilibrium.

---

Definitions:

Sustainability Reports

These are reports published by companies regarding their environmental impact, social contributions, and governance practices, focusing on their sustainability performance and objectives.

Corporate Social Responsibility

The practice of companies taking responsibility for the impact of their operations on social, environmental, and economic factors.

Performance Reports

Documents that compare actual results against planned objectives, highlighting variances and performance issues for management review.

Corporate Social Responsibility

A business model that helps a company be socially accountable—to itself, its stakeholders, and the public.