Graphically,what Happened to the Aggregate Demand Curve During World War

question 93

Multiple Choice

Graphically,what happened to the aggregate demand curve during World War II?

• A)It did not shift,but the capacity of the economy increased thus shifting the aggregate supply curve to the left.
• B)It did not shift since the economy was already at capacity.
• C)It shifted to the right leading to a big increase in real GDP but to no change in the price level.
• D)It shifted to the right thus causing an inflationary gap.
• E)It shifted to the left since a big portion of expenditures was diverted to military spending.

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Definitions:

Otoscopic Examination

A medical procedure using an otoscope to inspect the external auditory canal and tympanic membrane of the ear.

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The outer part of the ear, made of cartilage and skin, which functions in capturing sound waves and directing them into the ear canal.

Indurated Base

Describes the firm or hardened area at the base of a skin lesion, which can be indicative of underlying disease or infection.

Crusty Nodule

A small, hardened lump on the skin that has a rough or crusty surface; can be indicative of various skin conditions.