Use Your Knowledge of Plate Boundaries to Answer Whether a Volcano

question 19

Multiple Choice

Use your knowledge of plate boundaries to answer whether a volcano is likely or unlikely to form at the location of the red triangle

• A)Likely
• B)Unlikely

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Definitions:

Aggregate Supply Curve

A graphical representation showing the relationship between the overall price level in an economy and the total output produced by firms at that price level.

Aggregate Demand

Aggregate demand represents the total demand for all goods and services in an economy at a given overall price level and in a given time period.

Investment

The allocation of resources, such as capital, time, or assets, into a project or asset, with the expectation of generating an income or profit.

Spending Multiplier

The spending multiplier is an economic concept that measures the effect of a change in autonomous spending (such as government expenditure or investment) on the total economic output.