As the Aggregate Demand Curve Shifts Leftward Along a Given

question 21

Multiple Choice

As the aggregate demand curve shifts leftward along a given aggregate supply curve,

• A)unemployment and inflation are higher.
• B)unemployment and inflation are lower.
• C)unemployment is higher and inflation is lower.
• D)unemployment is lower and inflation is higher.

---

Definitions:

Cut-And-Paste

The action of removing content from one location and inserting it into another within digital documents or applications.

Thesaurus

A reference tool that lists words grouped together according to similarity of meaning (containing synonyms and sometimes antonyms).

Synonyms

Words that have different spellings but share the same or nearly the same meaning, often used to enrich language and avoid repetition.

Note Reference Mark

A symbol or number placed in a document that refers the reader to a footnote or endnote containing additional information.