If the AS Curve Is Vertical and There Is a Decrease

question 48

Multiple Choice

If the AS curve is vertical and there is a decrease in aggregate demand, the result is

• A)a decrease in the price level with no change in real GDP.
• B)an equal decrease in national income.
• C)an increase in the price level.
• D)no change in either price level or real GDP.
• E)an increase in national income.

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Definitions:

Disparate-Impact Cases

Legal cases that deal with practices that adversely affect one group of people more than another, even if the practices are formally neutral.

Unintentional Discrimination

A situation where policies, practices, or actions result in unequal outcomes for different groups without the intent to discriminate.

Same Sex Harassment

Harassment on the basis of sexual orientation or toward individuals of the same sex, which can include unwelcome sexual advances or conduct affecting job performance.

Title VII

A segment of the Civil Rights Act of 1964 that bans discrimination in employment due to race, color, religious beliefs, sex, or the country of origin.