-If Aggregate Demand Increases and Aggregate Supply Decreases,the Price Level

question 99

Multiple Choice

-If aggregate demand increases and aggregate supply decreases,the price level:

• A)will decrease, but real output may either increase or decrease
• B)will increase, but real output may either increase or decrease
• C)and real output will both increase
• D)and real output will both decrease
• E)will decrease, but real output will necessarily stay the same

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Definitions:

Unpleasantness

Unpleasantness represents a state or feeling of discomfort, displeasure, or disagreeableness that affects one's sense of well-being or satisfaction.

Activism

The efforts and actions taken to bring about political or social change, often in response to perceived injustices or inequalities.

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The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

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Mental processes and convictions that determine an individual's attitude and perceptions about their environment and themselves.