Figure 16-6 -Refer to Figure 16-6.In the Dynamic Model of AD-AS in of AD-AS

question 102

Multiple Choice

Figure 16-6
-Refer to Figure 16-6.In the dynamic model of AD-AS in the figure above,if the economy is at point A in year 1 and is expected to go to point B in year 2,Congress and the president would most likely

• A)increase the money supply and decrease the interest rate.
• B)increase taxes.
• C)increase government spending.
• D)increase oil prices.
• E)raise interest rates.

---

Definitions:

Substantive Ones

Essential or significant matters, issues, or elements that are of the utmost importance.

Bargaining Mixes

The combination of issues, interests, and goals that parties bring to a negotiation table, which are tradeable and negotiable.

Prepare Effectively

The act of making thorough preparations to ensure success or achieve a desired outcome.

Negotiator's Authority

The level of power and decision-making capability vested in a negotiator by their organization or constituency.