According to Figure 11

question 39

Multiple Choice

According to Figure 11.2,a shift from AD₁ to AD₂ will

• A)Move equilibrium to Q_F.
• B)Eliminate the GDP gap because of the increase in output.
• C)Move equilibrium to point Y because of an increase in the price level.
• D)Move the economy to point Y and then the market mechanism will move the economy to point Z.

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Definitions:

Communication

The act of transferring information from one place, person, or group to another through speech, writing, or signals.

Working Memory

A cognitive system that holds information temporarily to perform complex tasks such as reasoning, comprehension, and learning.

Long-Term Memory

The component of the information processing system that is an unlimited store that holds information indefinitely, until it is retrieved to manipulate working memory.

Multitasking

The act of performing multiple tasks simultaneously, often by rapidly switching focus between tasks rather than doing them at the same time.