In Productovia,aggregate Demand Increases and Aggregate Supply Decreases

question 109

Multiple Choice

In Productovia,aggregate demand increases and aggregate supply decreases.Based on the shifts in these two curves,what is a likely outcome?

• A) deflation
• B) higher taxes
• C) lower imports
• D) inflation

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Definitions:

Moles

A unit of measurement used in chemistry to quantify the amount of substance, defined as the number of atoms in 12 grams of carbon-12, approximately 6.022 x 10^23 particles.

Moles

A measure of quantity in chemistry that represents 6.022 x 10^23 particles of a substance.

Helium

Helium is an inert gas with the atomic number 2, notable for its low density, lack of color, odor, or taste, and for being the second lightest and second most abundant element in the observable universe.

KCl

Potassium chloride, a metal halide salt composed of potassium and chlorine, used in medicine, food processing, and scientific applications.