The Curve That Shows the Quantity of Goods and Services

question 16

Multiple Choice

The curve that shows the quantity of goods and services that firms produce and sell

• A)as it relates to the quantity of goods and services that buyers want to buy is called the aggregate-demand curve.
• B)as it relates to the quantity of goods and services that buyers want to buy is called the aggregate-supply curve.
• C)as it relates to the overall price level is called the aggregate-demand curve.
• D)as it relates to the overall price level is called the aggregate-supply curve.

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Definitions:

GABA

Gamma-aminobutyric acid; a neurotransmitter in the brain that plays a key role in inhibiting nerve transmission, and hence, regulates anxiety.

Glutamate

A major neurotransmitter in the brain, playing a key role in learning, memory and the regulation of the nervous system.

Seizures

Abrupt, involuntary electrical activity in the brain leading to alterations in actions, movements, emotions, and awareness.

Undersupply

Refers to a situation where the availability of a particular resource or item is less than the demand for it.