If Aggregate Demand Shifts Left,then in the Short Run

question 78

Multiple Choice

If aggregate demand shifts left,then in the short run

• A)the price level and real GDP both rise.
• B)the price level rises and real GDP falls.
• C)the price level falls and real GDP rises.
• D)the price and real GDP both fall.

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Definitions:

Systematic Desensitization

A behavioral therapy technique used to reduce phobic anxiety through gradual exposure to the feared object or situation coupled with relaxation exercises.

Three-step Process

A procedural concept often applied in various theories and models, typically involving the stages of initiation, execution, and completion in a sequential order.

Licensed Therapist

A professional who has met state-certified educational, training, and examination requirements to provide therapeutic services.

Behavioral Technique

A Behavioral Technique is a method used in psychological treatment and behavior modification that focuses on changing observable behaviors through reinforcement, punishment, and other conditioning strategies.