Suppose the Equilibrium Aggregate Price Level and the Equilibrium Level

question 198

Multiple Choice

Suppose the equilibrium aggregate price level and the equilibrium level of real GDP are both rising. This is probably the effect of a(n) _____ in aggregate _____.

• A) increase; supply
• B) increase; demand
• C) decrease; supply
• D) decrease; demand

---

Definitions:

Stage III Sleep

A phase of deep non-REM sleep characterized by slow brain waves, important for physical recovery and growth.

Sleep Pattern

The natural or habitual timing, quantity, and quality of a person's sleep, including periods of REM and non-REM sleep.

Nighttime Sleep

The period of rest and recovery that occurs at night, considered crucial for physical and mental health.

Developmental Stage

A phase of life characterized by specific physical, psychological, or emotional features that individuals typically pass through as they age.