The Short-Run Aggregate Supply Curve Slopes Upward Because Quantity Supplied

question 2

Multiple Choice

The short-run aggregate supply curve slopes upward because quantity supplied

• A)increases when cost per unit falls
• B)decreases when cost per unit falls
• C)increases when the price level increases
• D)increases when GDP decreases
• E)decreases as profit per unit increases

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Definitions:

Normal Distribution

A bell-shaped frequency distribution curve that is symmetrical about the mean, showing that data near the mean are more frequent in occurrence.

Confounding Variables

Confounding Variables are external factors in a study or experiment that could influence or distort the relationship between the variables being examined.

Extraneous Variables

Variables that are not the focus of a study but can affect the outcome of research if not properly controlled.

Participants' Reactivity

The alteration of participants' behavior or responses due to the awareness of being observed or studied.