When the Price Level Rises,the Quantity of Real GDP Supplied

question 196

Multiple Choice

When the price level rises,the quantity of real GDP supplied ________ because ________.

• A)decreases;new businesses open
• B)increases;new businesses open
• C)decreases;businesses fail and have to shut their doors
• D)increases;AS curve shifts rightward
• E)increases;businesses fail and have to shut their doors

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Definitions:

Mate Selection

The process by which individuals choose their partners, often based on personal, cultural, and biological factors.

Biological Fluke

An unexpected or rare occurrence in biological systems often resulting from random genetic variations or environmental conditions.

Socialization Practices

The methods and processes through which individuals learn and internalize the values, beliefs, and norms of their society or social group, shaping their behavior and thinking.

Mate Selection

The process by which individuals choose their partners, often based on a combination of personal preferences, social influences, and biological factors.