Other Things Equal, an Improvement in the Expected Rate of Net

question 184

Multiple Choice

Other things equal, an improvement in the expected rate of net profit would

• A)reduce the price level and unemployment.
• B)decrease the interest rate and cause aggregate demand to increase.
• C)increase consumption and net exports, causing aggregate demand to shift rightward.
• D)increase investment spending, real GDP, and the price level.

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Definitions:

Late 1800s

A period characterized by significant industrialization, economic growth, and social change, occurring in the final decades of the 19th century.

3 Step Process

A generalized procedural framework, typically involving stages such as preparation, implementation, and review, used to achieve a specific goal or resolve problems.

Anti-Union Bias

A predisposition or inclination against labor unions and their activities, often reflected in policies, practices, or attitudes that undermine union organization and collective bargaining.

Disciplinary Action

Measures taken by an organization against its members or employees who have violated rules or standards, which can range from warnings to termination.