Given an Aggregate Supply Curve That Slopes Upward,an Increase in Aggregate

question 64

True/False

Given an aggregate supply curve that slopes upward,an increase in aggregate demand would decrease real GDP.

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Definitions:

Thalidomide

A sedative used in the 1960s that has been linked to birth defects, especially deformed or absent limbs.

Insomnia

A sleep disorder characterized by difficulty falling and/or staying asleep.

Dizygotic Twins

Also known as fraternal twins, these siblings result from the fertilization of two separate eggs by two separate sperm and share about 50% of their DNA.

Genes

Structures made of DNA that carry the genetic information necessary for the development and functioning of an organism.