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Explain the Contributions of Diocletian and How He Impacted the Late

question 47

Essay

Explain the contributions of Diocletian and how he impacted the Late Empire period. Use examples to support your essay.


Definitions:

Aggregate Supply

The total supply of goods and services produced within an economy at a given overall price level and in a given time period.

Interest Rate Effect

The impact that changes in interest rates have on consumer spending due to the cost of borrowing; generally, as interest rates rise, consumer spending decreases.

Aggregate Demand

The cumulative need for all economic goods and services, pegged at a singular overall price level during a distinct time period.

Substantial Unemployment

A situation where there is a significantly high rate of unemployment in a particular area, reflecting a large number of people unable to find jobs.

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