If the Economy Is on the Flat Part of the AS Curve

question 315

Multiple Choice

If the economy is on the flat part of the AS curve, the multiplier will be

• A) larger than it would be if the economy were on the steep portion of the AS curve.
• B) smaller than it would be if the economy were on the steep portion of the AS curve.
• C) constant regardless of where the economy is on the AS curve.
• D) infinite, as compared to zero if the economy is on the steep portion of the AS curve.

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Definitions:

Racial Justice

The systematic fair treatment of people of all races that results in equitable opportunities and outcomes for all. It is the proactive reinforcement of policies, practices, attitudes, and actions that produce equitable power, access, opportunities, treatment, impacts, and outcomes for all.

Curriculum

A structured set of educational courses, materials, and content delivered in schools, colleges, or universities, encompassing what is taught and how it is taught.

Color-Blind Framework

An ideological perspective that promotes the treatment of all individuals equally, without regard to race, ethnicity, or culture.

Everyday Racism

The routine, often unnoticed or normalized, forms of racism that pervade daily life and interactions in society.