Which of the Following Could Explain Why There Is an Increase

question 47

Multiple Choice

Which of the following could explain why there is an increase in potential GDP but the equilibrium level of GDP falls?

• A)SRAS shifted to the right by more than LRAS.
• B)AD shifted to the right by more than SRAS.
• C)AD shifted to the right by less than SRAS.
• D)AD did not shift and SRAS shifted to the left.

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Definitions:

Stable

Refers to something that is not likely to change or fail, showing consistency and reliability over time.

Validity Coefficient

A statistical measure used to assess the extent to which a test accurately measures what it purports to measure.

Scored

In psychological testing, "scored" refers to the process of assigning numerical values to responses for the purpose of measuring traits or abilities.

Subjectively

Based on or influenced by personal feelings, tastes, or opinions rather than external facts or evidence.