One Result of a Decrease in Aggregate Demand and No

question 137

Multiple Choice

One result of a decrease in aggregate demand and no change in aggregate supply is

• A) a rise in the price level.
• B) an increase in employment levels.
• C) an economic expansion.
• D) a recession.

---

Definitions:

Naturalized

Pertains to a process by which a foreign citizen acquires citizenship of another country, often through a legal procedure after fulfilling certain requirements.

Symbolic Groupings

Social categories or groups that are recognized and differentiated based on cultural, ethnic, or symbolic markers rather than strictly physical or biological characteristics.

Historical Contexts

Refers to the specific social, cultural, economic, and political circumstances or events surrounding a particular topic, era, or occurrence, providing deeper understanding or meaning.

Johnson-Reed Act

A U.S. federal law enacted in 1924 that established quotas limiting the number of immigrants allowed from each country, effectively restricting non-European immigration.