If the AS Curve Is Vertical,then It Follows That

question 36

Multiple Choice

If the AS curve is vertical,then it follows that

• A) Real GDP changes will always arise from the supply side of the economy.
• B) Real GDP changes will always arise from the demand side of the economy.
• C) Price level changes will always arise from the demand side of the economy.
• D) Price level changes will always arise from the supply side of the economy.
• E) a and c

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Definitions:

Senate Rejected

A term indicating that a proposed measure, legislation, or nomination was turned down or not approved by the Senate.

Excluded Immigrating

Refers to policies or practices that prevent or limit certain groups or individuals from immigrating to a country, often based on nationality, ethnicity, or other characteristics.

Conviction Weakened

The state in which belief in something becomes less strong or firm, often due to new evidence or reconsideration of previously held beliefs.

Espionage Act

A United States federal law passed in 1917 that made it a crime to interfere with military operations, support enemy countries, or hinder military recruitment.