Examlex

Solved

12.2 Equilibrium in Aggregate Demand and Supply Analysis

question 5

Multiple Choice

12.2 Equilibrium in Aggregate Demand and Supply Analysis
AD - AS Equilibrium 12.2 Equilibrium in Aggregate Demand and Supply Analysis AD - AS Equilibrium   -On the graph above,consider a point A on the aggregate supply curve and above the aggregate demand curve.At this point,________. A) quantity demanded equals output,but the inflation rate will fall,so output will rise B) quantity demanded is greater than quantity supplied,so the inflation rate will rise C) output is greater than the quantity demanded,so output will fall D) the aggregate demand curve will shift to the right until quantity demanded is equal to quantity supplied E) none of the above
-On the graph above,consider a point A on the aggregate supply curve and above the aggregate demand curve.At this point,________.


Definitions:

College Students

Individuals enrolled in an institution of higher learning to attain degrees or certifications.

Social Psychology Experiments

Research studies designed to understand how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Norman Triplett

A psychologist known for his work on social facilitation, discovering that presence of others enhances performance on simple tasks.

Max Ringelmann

A French agricultural engineer known for his research into social psychology, particularly the Ringelmann effect which observes that individual productivity decreases as group size increases.

Related Questions