What Is the Result of a Decrease in the LAS

question 29

Multiple Choice

What is the result of a decrease in the LAS curve?

• A)It will raise the price level and raise Real GDP.
• B)It will raise the price level and decrease Real GDP.
• C)It will lower the price level and raise Real GDP.
• D)It will lower the price level and decrease Real GDP.
• E)It will leave the price level unchanged and decrease Real GDP.

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Definitions:

North-Central Africa

A region of the African continent comprising various countries located in the central part across the equator, rich in cultural diversity and natural resources.

Niger-Congo

A large language family covering much of Sub-Saharan Africa, encompassing several hundred languages spoken by millions.

Acephalous Societies

Societies without a central head or hierarchy of authority figures, often organized on the basis of kinship or clans.

Political Organization

An entity that seeks to influence public policy and decision-making, often through electoral processes.