Which of the Following Will Most Likely Accompany an Unanticipated

question 62

Multiple Choice

Which of the following will most likely accompany an unanticipated increase in aggregate demand?

• A) an increase in real output
• B) an increase in unemployment
• C) a decrease in real GDP
• D) a decrease in the demand for resources

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Definitions:

Paper Currency

Money in the form of banknotes issued by a government or central bank as legal tender.

New Jersey Plan

A proposal at the Constitutional Convention (1787) advocating for a single legislative house with equal representation for each state, contrasting with the Virginia Plan’s representation based on population.

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A signatory of the U.S. Constitution, Associate Justice of the Supreme Court, and the second Governor of New Jersey.

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The process by which the formal consent is given, making the Constitution officially valid.