A Decrease in Aggregate Demand Will

question 100

Multiple Choice

A decrease in aggregate demand will

• A)cause inflation.
• B)decrease unemployment.
• C)move the economy to a lower point on the short-run Phillips curve.
• D)cause the short-run Phillips curve to shift to the right.

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Definitions:

Human Variation

The genetic, physiological, and cultural differences that exist among individuals within and between human populations.

Hypodescent Rule

A sociological principle where a child of mixed racial heritage is classified as belonging to the racial group that is considered subordinate or oppressed.

Assigning Race

The practice or process of determining an individual's race based on physical characteristics, ancestry, cultural affiliation, or self-identification.

Minority Group

A social group that occupies a subordinate position in society and receives unequal treatment, often identified by racial, ethnic, religious, or sexual orientation differences.