Given an Upward-Sloping Aggregate Supply Curve,which of the Following Is

question 102

Multiple Choice

Given an upward-sloping aggregate supply curve,which of the following is most likely to occur if the Fed pursues restrictive monetary policy,ceteris paribus?

• A) The equilibrium price level and output will both decrease.
• B) The equilibrium price level and output will both increase.
• C) The equilibrium price level will decrease but output will stay the same.
• D) The equilibrium output will decrease but the price level will stay the same.

---

Definitions:

Behaviors

Actions or reactions of an organism, often in response to its environment, which can be observed and measured.

Therapeutic Communication

The use of specific strategies by healthcare professionals to support the patient emotionally and psychologically.

Giving Approval

The act of officially agreeing to or endorsing something.

Being Silent

The act of refraining from speaking, which can be used as a form of communication or as a strategy in negotiation and conflict resolution.