Which of the Following Would Cause Prices and Real GDP

question 15

Multiple Choice

Which of the following would cause prices and real GDP to rise in the short run?

• A)short-run aggregate supply shifts right
• B)short-run aggregate supply shifts left
• C)aggregate demand shifts right
• D)aggregate demand shifts left

Interpret the significance of leaders and followers in solving technical and adaptive challenges.

Understand the requirements and effects of the Affordable Care Act on healthcare insurance coverage.

Identify the regulatory compliance requirements for paid tax preparers under Circular 230.

Distinguish between statutory and judicial primary tax authorities.

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Definitions:

Seligman

A psychologist best known for his research on learned helplessness, optimism, and positive psychology.

Conditioned Response

A learned reaction or response to a previously neutral stimulus that has become associated with an unconditioned stimulus.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually comes to trigger a conditioned response.

Unconditioned Stimulus

A stimulus that unconditionally, naturally, and automatically triggers a response without any learning process.