Refer to the Information Provided in Figure 13

question 90

Multiple Choice

Refer to the information provided in Figure 13.3 below to answer the questions that follow.
Figure 13.3
-Refer to Figure 13.3.Assume the economy is at Point A.Higher oil prices shift the aggregate supply curve to AS₂.If the government decides to counter the effects of higher oil prices by increasing government spending,then the price level will be ________ than P₂ and output will be ________ than Y₂.

• A)greater; greater
• B)greater; less
• C)less; less
• D)less; greater

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Definitions:

Serum

The liquid portion of blood that remains after clotting, containing electrolytes, antibodies, antigens, and other soluble substances.

Thrombin

An enzyme in blood plasma that causes the clotting of blood by converting fibrinogen to fibrin.

Plasma

The liquid component of blood, in which blood cells are suspended, containing proteins, electrolytes, and nutrients.

Serum

The clear, yellowish fluid that remains from blood plasma after clotting factors have been removed, used in diagnostic tests and treatments.