An Unexpected Decrease in Aggregate Demand Will Cause

question 119

Multiple Choice

An unexpected decrease in aggregate demand will cause

• A) a movement up the short-run Phillips curve.
• B) a movement down the short-run Phillips curve.
• C) an upward shift in the short-run Phillips curve.
• D) a downward shift in the short-run Phillips curve.

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Definitions:

CCK

Cholecystokinin (CCK) is a hormone that stimulates the digestion of fat and protein by releasing bile from the gallbladder and digestive enzymes from the pancreas.

Genetically Obese Rats

Rats that become obese due to genetic predispositions, often used in studies to understand obesity in humans.

Lateral Hypothalamus

A part of the hypothalamus in the brain that plays a significant role in controlling hunger and thirst.

Aphagia

The inability to swallow or eat, often resulting from psychological issues or physical obstructions in the eating pathway.