Changes in the Expected Rate of Inflation Will

question 68

Multiple Choice

Changes in the expected rate of inflation will:

• A) not shift the AS curve.
• B) shift the AS curve upward or downward.
• C) shift the AS curve leftward or rightward.
• D) cause the AS curve to become downward-sloping.

---

Definitions:

ATP

Adenosine triphosphate, a high-energy molecule used as the main energy currency in the cell for metabolic processes.

ADP

Adenosine diphosphate, a molecule involved in energy transfer within cells.

Fermentation

A metabolic process that converts sugar to acids, gases, or alcohol in the absence of oxygen.

Gravity

A natural phenomenon by which all things with mass or energy are brought toward one another, including objects ranging from subatomic particles to planets and stars.