Which of the Following Would Cause Prices and Real GDP

question 15

Multiple Choice

Which of the following would cause prices and real GDP to rise in the short run?

• A)short-run aggregate supply shifts right
• B)short-run aggregate supply shifts left
• C)aggregate demand shifts right
• D)aggregate demand shifts left

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Definitions:

Levothyroxine

A medication used to treat hypothyroidism, a condition where the thyroid gland does not produce enough thyroid hormone.

Hypothyroidism

A common condition where the thyroid gland is underactive and does not produce enough thyroid hormones, leading to symptoms such as fatigue and weight gain.

Thyroidectomy

A surgical procedure to remove all or part of the thyroid gland, often performed to treat diseases such as thyroid cancer or hyperthyroidism.

Graves' Ophthalmopathy

An autoimmune condition associated with thyroid disease, characterized by inflammation and swelling of the eye muscles, leading to bulging eyes.