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The AD-AS Model Predicts That,in a Country Whose Net Exports

question 102

Multiple Choice

The AD-AS model predicts that,in a country whose net exports of oil are zero,a sudden decrease in the price of oil will shift the ___________ curve ___________,resulting in a ___________ price level and ___________ output level in the short run.


Definitions:

Cognitive Approach

A psychological perspective that emphasizes mental processes, such as perception, memory, and problem-solving.

Depressive Disorders

A category of mood disorders characterized by persistent feelings of sadness, emptiness, or hopelessness.

Personal Flaws

Characteristics or attributes of an individual considered as imperfections or shortcomings.

Pessimistic Explanatory Style

A tendency to blame oneself for negative events, believe such events will continue, and think they affect many aspects of life.

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