If the Aggregate Supply Curve Is Upward Sloping,an Increase in Aggregate

question 191

Multiple Choice

If the aggregate supply curve is upward sloping,an increase in aggregate demand will

• A)increase real GDP at a constant level of prices.
• B)reduce real GDP but increase the price level.
• C)increase real GDP but reduce the price level.
• D)reduce both real GDP and the price level.
• E)increase both real GDP and the price level.

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Definitions:

Mark

A symbol, sign, or indication of something; in an academic context, it often refers to a grade or score.

Identity Diffusion

Identity status, described by Marcia, that is characterized by absence of commitment and lack of serious consideration of alternatives.

Adolescents

Individuals in the transitional stage of development between childhood and adulthood, typically between the ages of 13 and 19.

Foreclosure

in the context of identity development, is the premature commitment to an identity without adequate exploration of other options.