Cost-Push Inflation Can Be Shown on an Aggregate Supply Aggregate

question 151

Multiple Choice

Cost-push inflation can be shown on an aggregate supply aggregate demand diagram as

• A) a rightward shift of the aggregate supply curve with no change in aggregate demand.
• B) a rightward shift in the aggregate demand curve with no change in aggregate supply.
• C) a leftward shift in the aggregate demand curve with no change in aggregate supply.
• D) a leftward shift in the aggregate supply curve with no change in aggregate demand.

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Definitions:

Antenna Complex

The arrangement of chlorophyll, accessory pigments, and pigment-binding proteins into light-gathering units in the thylakoid membranes of photoautotrophic eukaryotes. See reaction center and photosystem.

Photosynthetic Pigments

Molecules found in plants and other photosynthetic organisms that absorb specific wavelengths of light and convert it into chemical energy.

Chloroplasts

Organelles found in plant and algae cells where photosynthesis takes place, converting light energy into chemical energy.

Cyclic Electron Transport

A process in photosynthesis where electrons are recycled around the photosystem I, contributing to the production of ATP without the production of NADPH.