At Every Current AD/SAS Equilibrium Point to the Left of the LAS

question 178

Multiple Choice

At every current AD/SAS equilibrium point to the left of the LAS curve,the price level is ________ than that expected on average and figured into the wage contracts in force,and thus there is pressure on the SAS curve to shift ________ with wage renegotiations.

• A)greater,upward
• B)greater,downward
• C)less,upward
• D)less,downward

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Definitions:

Cognitive Behavioural Therapy

A psychological treatment method that aims to change patterns of thinking or behavior that are causing people's problems.

Open Monitoring Meditation

A meditation practice focusing on observing any experience or thought without attachment, part of various mindfulness techniques.

Recreational Drug

A substance used for enjoyment or leisure purposes, rather than for medical reasons, often altering consciousness or mood.

Caffeine

A stimulant found in coffee, tea, and various foods and drinks, known for its ability to enhance alertness and reduce fatigue.