If the Economy Were Initially in Equilibrium and the Aggregate

question 81

Multiple Choice

If the economy were initially in equilibrium and the aggregate demand curve shifted to the left,

• A)employment would fall
• B)the price level would rise
• C)the aggregate supply curve would shift rightward
• D)the aggregate supply curve would shift leftward
• E)the economy would experience an expansion period

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Definitions:

Conditional Instruction

A programming command that executes a certain segment of code only if specific conditions are met.

Processor Scan

Processor Scan is the cyclic process by which a PLC reads inputs, executes its programmed logic, and updates outputs.

Jump-To-Label Instruction

A programming command used to redirect the execution flow to another part of the code identified by a label.

Processor Scan Time

The duration it takes for a PLC's processor to read all input states, execute the programmed logic, and update the outputs accordingly.