The Price Level Rises in the Short Run If

question 67

Multiple Choice

The price level rises in the short run if

• A)aggregate demand or aggregate supply shifts right.
• B)aggregate demand shifts right or aggregate supply shifts left.
• C)aggregate demand shifts left or aggregate supply shifts right.
• D)aggregate demand or aggregate supply shifts right

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Definitions:

Measure of Association

Quantitative indicators that describe the strength and direction of the relationship between two variables.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, often associated with atherosclerosis and other conditions.

Hispanic Ethnicity

A demographic category referring to people with cultural ties to Spain or Spanish-speaking countries, especially those in Latin America.

Effect Measure Modifier

A variable that alters the direction or strength of the association between an exposure and an outcome.