Refer to the Following Figure When Answering the Following Questions

question 59

Multiple Choice

Refer to the following figure when answering the following questions.
Figure 13.1: AD Curve
-Consider Figure 13.1. Holding inflation constant, if there is a negative aggregate demand shock, the economy would move from point e to point:

• A) g.
• B) c.
• C) d.
• D) b.
• E) a.

---

Definitions:

Ethical Resistance

The act of opposing actions or decisions that violate moral principles or codes of conduct.

Lowball Technique

Getting someone to commit to an attractive proposition before its hidden costs are revealed.

Hidden Costs

Expenses not readily apparent at the time of purchase or decision-making, which can make a product or service more expensive than initially thought.

Cognitive Dissonance

A psychological state of tension that occurs when an individual holds two conflicting thoughts, beliefs, attitudes, or values at the same time.