Suppose That an Increase in Aggregate Demand Causes an Unplanned

question 55

Multiple Choice

Suppose that an increase in aggregate demand causes an unplanned depletion in business inventories.Which of the following situations will result from this?

• A)The economy moves up the short-run Phillips curve.
• B)The short-run Phillips curve shifts to the right.
• C)The short-run Phillips curve shifts to the left.
• D)The aggregate supply curve shifts to the left.
• E)The economy moves down the short-run Phillips curve.

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Definitions:

Genetic Diversity

The total number of genetic characteristics in the genetic makeup of a species, providing the necessary variation for populations to adapt to changing environments.

Adapters

In molecular biology, molecules or structures that enable the interaction of otherwise incompatible entities, such as certain molecular complexes.

tRNA

Transfer RNA, a type of RNA molecule that helps decode a messenger RNA sequence into a protein during protein synthesis.

Amino Acids

Building blocks of proteins, consisting of a basic amino group, an acidic carboxyl group, and a unique side chain.