If an Economy Is Growing,but Experiences No Inflation,this Means

question 134

Multiple Choice

If an economy is growing,but experiences no inflation,this means

• A)aggregate demand increased,but aggregate supply did not.
• B)aggregate supply increased,but aggregate demand did not.
• C)aggregate demand and aggregate supply increased by the same amount.
• D)aggregate demand and aggregate supply decreased by the same amount.

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Definitions:

Medicare Tax

A payroll tax that funds Medicare, providing health insurance to individuals aged 65 and older in the United States.

Salary

A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, for professional or office work.

No Child Left Behind Act

A U.S. federal law enacted in 2002 aimed at improving the performance of U.S. primary and secondary schools by increasing standards of accountability for states, school districts, and schools, as well as providing parents more flexibility in choosing which schools their children will attend.

Federal Mandate

Regulations that the federal government imposes on state and local governments to carry out certain policies.