If Policymakers Decrease Aggregate Demand,then in the Long Run

question 43

Multiple Choice

If policymakers decrease aggregate demand,then in the long run

• A)prices will be lower and unemployment will be higher.
• B)prices will be lower and unemployment will be unchanged.
• C)prices and unemployment will be unchanged.
• D)None of the above is correct.

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Definitions:

Managing Change

The process of planning, implementing, and monitoring changes in organizations to improve efficiency or effectiveness.

Effective Organizations

Organizations that achieve their goals efficiently and effectively by optimizing processes and ensuring employee satisfaction and engagement.

Changing Environment

Refers to the dynamic and evolving external and internal conditions that affect organizations and individuals, necessitating adaptation and flexibility.

Bureaucratic

Describes an administrative system governing any large institution that is characterized by fixed rules, hierarchy, and a detailed division of labor.