The Struggle of the Orders

question 14

Multiple Choice

The Struggle of the Orders

• A)was a violent conflict between Rome's citizens and their slaves.
• B)was a violent struggle between the patricians and plebeians.
• C)was a peaceful struggle between the patricians and plebeians, won completely by the patricians.
• D)was a peaceful revolution in which the plebeians were completely victorious.
• E)was a peaceful struggle which resulted in political compromise.

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Definitions:

Deflationary Gap

A situation where aggregate demand is less than the total supply of goods and services, leading to deflation and unemployment.

Equilibrium GDP

The level of Gross Domestic Product at which aggregate supply equals aggregate demand, indicating a stable economy.

Full Employment GDP

Full Employment GDP is the output level produced by an economy when all its labor and resources are employed at their maximum efficiency.

Multiplier

refers to a factor by which an initial change in spending will ultimately change the total economic output more than the initial amount.