All Else Being Equal,as the Population Ages and Many People

question 142

Multiple Choice

All else being equal,as the population ages and many people leave the labor force,

• A) the unemployment rate will rise.
• B) the price level will fall.
• C) long-run aggregate supply will fall.
• D) long-run aggregate supply will be unaffected.
• E) aggregate demand must rise.

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Definitions:

Suicide Rate

The frequency of suicides in a given population over a specified period of time, often expressed per 100,000 individuals per year.

American Indians

Indigenous peoples of the United States, also known as Native Americans, with distinct cultures, languages, and historical backgrounds.

Non-Hispanic White

Refers to individuals who identify as white but do not have a Hispanic or Latino background, used in demographic contexts.

African Americans

A racial or ethnic group in the United States characterized by descendants of African ancestral origins.