During the Great Depression,aggregate Demand in the U

question 3

Multiple Choice

During the Great Depression,aggregate demand in the U.S.economy decreased.As a result,the unemployment rate ________ and the price level ________.

• A) decreased; increased
• B) remained unchanged; increased
• C) increased; remained unchanged
• D) remained unchanged; remained unchanged
• E) increased; decreased

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Definitions:

Manufacturing Firm

A business that produces goods through the use of labor, machines, tools, and chemical or biological processing or formulation.

Reverse Stock Split

A corporate action in which a company reduces the number of its outstanding shares to increase the share price, without changing the company's overall market capitalization.

Share Price

The present rate at which an individual share of a corporation's stock is available for purchase or sale on the market.

Stock Listed

A company's shares that are available for trading on a public stock exchange.