An Administrative Law Judge

question 55

Multiple Choice

An administrative law judge

• A)usually works in any agency that needs her or his services.
• B)runs trials,but all decisions are made by juries.
• C)can gather evidence and take testimony.
• D)issues only advisory opinions.
• E)seeks to protect federal agencies,not individual citizens.

---

Definitions:

Aggregate Demand

The total requisition of goods and services in an economic setting, valued at a consistent price level and for a particular duration.

Full-Employment Equilibrium

A scenario where all accessible labor resources are utilized in the most economically effective manner.

Aggregate Supply (AS) Curve

A graphical representation in economics that shows the total supply of goods and services that firms in an economy are willing to produce at a given price level in a given period.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, an indicator of inflation or deflation.