A Shift of the Aggregate _____ Curve to the _____

question 205

Multiple Choice

A shift of the aggregate _____ curve to the _____ would cause inflation to rise and employment to increase.

• A) supply; left
• B) demand; left
• C) supply; right
• D) demand; right

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Definitions:

Information- And Communication-Based

Pertains to processes or technologies centered around the creation, storage, exchange, and use of information through electronic communication systems.

Telecommunications Technologies

Various forms of technology designed to transmit information over distances, including telephone, radio, satellite, and internet technologies.

Digital Offerings

Products or services offered through digital platforms, such as software, online services, or digital content.

Substitute Firms

Companies that offer alternative or replacement products and services that meet the same needs or demand of consumers.