An Unexpected Increase in Aggregate Demand

question 209

Multiple Choice

An unexpected increase in aggregate demand

• A) causes the price level to fall.
• B) both the unemployment rate and the price level to rise.
• C) the unemployment rate to rise.
• D) causes the price level to rise.

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Definitions:

Managerial Skills

Competences or abilities essential for managing people, projects, or resources effectively.

Transferable

Skills, knowledge, or abilities that can be applied in different jobs, roles, or situations.

Narcissist

An individual with an excessive focus on themselves, often with a need for admiration and a lack of empathy for others.

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An individual who achieves goals through influencing others, fostering innovation, and demonstrating strong decision-making.