A Decrease in the Expected Price Level Shifts

question 27

Multiple Choice

A decrease in the expected price level shifts

• A)only the long-run aggregate supply curve right.
• B)only the short-run aggregate supply curve right.
• C)both the short-run and the long-run aggregate supply curve right.
• D)Neither the short-run nor the long-run aggregate supply curve right.

---

Definitions:

Smart Phones

Mobile phones with advanced computing capabilities, often featuring internet access, applications, and a touchscreen interface.

Virtual Private Networks

Secure networks that use the internet to connect remote sites or users together, encrypting data to protect privacy.

Wide Area Networks

Telecommunications networks that extend over large geographical areas, connecting multiple smaller networks such as local area networks (LANs).

On-site Data Backup

The process of copying and storing organizational data in a physical location close to the main working environment to ensure data recovery in case of loss.