Which of the Following Statements Is False

question 40

Multiple Choice

Which of the following statements is false?

• A) If the SRAS curve shifts rightward,the price level falls in the short run.
• B) If AD rises and SRAS is constant,the price level rises in the short run.
• C) If both SRAS and AD decline,Real GDP falls in the short run.
• D) If both SRAS and AD increase,the price level necessarily rises in the short run.
• E) none of the above

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Definitions:

Flattening Hierarchy

The process of reducing levels in an organization's structure to decrease distance between managers and employees and promote quicker decision-making.

Span of Control

Describes the number of subordinates that a manager or supervisor can effectively oversee, directly affecting management layers and organizational structure.

Matrix Departmentalization

An organizational structure that combines two or more types of departmentalization, often functional and product, to leverage the benefits of both.

Decentralization

The distribution of decision-making governance closer to the level of individual parts or locations within an organization, rather than concentrated at a central point of authority.