The sum of durable goods, nondurable goods, and services equals

In the short run, a supply shock that shifts the short-run aggregate supply curve leftward ________ real GDP and ________ the price level

A) increases; raises B) decreases; raises C) increases; lowers D) decreases; lowers

When a transfer price is set higher

a. the buying division will chose to purchase less from the selling division b. the buying division will chose to purchase more from the selling division c. the selling division will chose to purchase less from the buying division d. the selling division will chose to purchase more from the buying division