From an Initial Equilibrium in the AD-AS Model,an Increase in Consumption

question 162

Multiple Choice

From an initial equilibrium in the AD-AS model,an increase in consumption growth will initially cause inflation:

• A) and real growth to increase.
• B) to increase and real growth to decrease.
• C) to increase and real growth to remain unchanged.
• D) and real growth to remain unchanged.

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Definitions:

Singapore

Singapore is a sovereign city-state and island country in Southeast Asia, known for its global financial center, multicultural population, and strong economic performance.

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Military Considerations

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World Bank

A worldwide finance institution that delivers loans and grants to the government bodies of impoverished countries for capital project activities.