According to the Natural-Rate Hypothesis, Fluctuations in Aggregate Demand Affect

question 87

Multiple Choice

According to the natural-rate hypothesis, fluctuations in aggregate demand affect output in:

• A) both the short run and the long run.
• B) only in the short run.
• C) only in the long run.
• D) in neither the short run nor the long run.

---

Definitions:

Federal Contract Compliance

Refers to the adherence to laws and regulations that require businesses and organizations with federal contracts to follow nondiscrimination and affirmative action guidelines.

Government Contractors

Businesses or individuals that enter into contracts with government entities to provide goods or services.

Actively Pursuing

Engaging with dedication and effort towards achieving a specific goal, often used in the context of job searching or career advancement.

Fourteenth Amendment

An amendment to the United States Constitution granting citizenship to all persons born or naturalized in the United States, including former slaves, and guaranteeing all citizens "equal protection of the laws."