During the Great Depression,aggregate Demand in the U

question 3

Multiple Choice

During the Great Depression,aggregate demand in the U.S.economy decreased.As a result,the unemployment rate ________ and the price level ________.

• A) decreased; increased
• B) remained unchanged; increased
• C) increased; remained unchanged
• D) remained unchanged; remained unchanged
• E) increased; decreased

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Definitions:

Asset

Anything of value owned by an individual or a corporation that can be used to produce positive economic value.

IRR

Internal Rate of Return, a metric used to estimate the profitability of potential investments.

Initial Cost

The original cost of acquiring an asset before any depreciation, amortization, or similar adjustment.

Cash Inflows

The total amount of money received by a company or individual during a set period.