-Refer to the Above Diagram

question 39

Multiple Choice

-Refer to the above diagram.The initial aggregate demand curve is AD₁ and the initial aggregate supply curve is AS₁.Cost-push inflation in the short run is best represented as a:

• A) leftward shift of the aggregate supply curve from AS₁ to AS₂.
• B) rightward shift of the aggregate demand curve from AD₁ to AD₂.
• C) move from d to b to a.
• D) move from d directly to a.

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Definitions:

Intrapersonal Intelligence

A type of intelligence that involves the capacity to understand oneself, including one's emotions, motivations, and thoughts.

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A type of intelligence characterized by the ability to control bodily motions and handle objects skillfully.

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The capacity to comprehend, think logically about, and recall the spatial relationships between objects or within spaces.

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A thought process or method used to generate creative ideas by exploring many possible solutions.