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If Policymakers Expand Aggregate Demand, What Happens to Inflation and Unemployment

question 39

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If policymakers expand aggregate demand, what happens to inflation and unemployment?

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Definitions:

Hart-Celler Act

The Immigration and Nationality Act of 1965, which abolished national-origins quotas and significantly changed American immigration policy.

Immigration Quota

Limits set by governments on the number of immigrants allowed to enter a country each year, often based on nationality, occupation, or other criteria.

National-Origins

A term referring to the original homeland or country of a person's ancestors before their migration to another country.

U.S. Troops

Refers to members of the United States Armed Forces, including the Army, Navy, Marine Corps, Air Force, and Coast Guard.

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