An Increase in the Price Level

question 89

Multiple Choice

An increase in the price level

• A)shifts the short-run aggregate supply curve up and to the left.
• B)shifts the short-run aggregate supply curve down and to the right.
• C)shifts the long-run aggregate supply curve to the left.
• D)results in a movement along the short-run aggregate supply curve, rather than a shift in the short-run aggregate supply curve.

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Definitions:

Field

In computing and data management, a field is a single piece of data within a record in a database, or a single variable within a programming context.

Primary Key

A distinct identifier assigned to every record in a database table to maintain the accuracy and consistency of data.

Relationship

A connection, association, or involvement between people, entities, or concepts.

Record

An item of stored information, such as in a database, often consisting of multiple fields to represent different attributes of something.