According to the AD-AS Model,the Short-Run Impact of a Temporary

question 124

Multiple Choice

According to the AD-AS model,the short-run impact of a temporary increase in oil price is ___________;output ___________ and the price level ___________.

• A) positive;increases;decreases
• B) negative;increases;increases
• C) negative;decreases;increases
• D) positive;decreases;increases
• E) negative;decreases;decreases

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Definitions:

Radio, Television, Video Games

Forms of media that entertain, inform, and influence the public, each with unique capabilities for shaping perceptions and behaviors.

Itard

Jean Marc Gaspard Itard, a French physician known for his work with the "Wild Boy of Aveyron" and contributions to understanding developmental disabilities.

Contexts

The circumstances surrounding a particular event, idea, or statement, which help to give it meaning.