Other Things the Same,an Increase in the Expected Price Level

question 69

Multiple Choice

Other things the same,an increase in the expected price level shifts

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

---

Definitions:

Economic Factors

External elements that influence the performance of economies, including inflation rates, employment levels, and gross domestic product (GDP).

Cultural Factors

Elements of human society that influence behavior, beliefs, and values, including language, norms, and traditions.

Bilingual Abilities

The capacity to understand, speak, read, or write in two languages.

Religious Beliefs

Systems of faith and worship that generally involve belief in a divine or higher power and are characterized by specific rituals, practices, and moral codes.