An Increase in Aggregate Demand Results in A(n)________ in the ________

question 188

Multiple Choice

An increase in aggregate demand results in a(n) ________ in the ________.

• A)recession; long run
• B)expansion; long run
• C)expansion; short run
• D)recession; short run

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Definitions:

Forty Years

A time period equivalent to four decades.

Employment Discrimination

Unfair or unjust treatment of employees based on race, gender, age, religion, disability, or sexual orientation.

Retroactive Promotions

The act of granting a promotion or benefits to an employee effective from a date in the past.

Equal Pay Act

A law aimed at abolishing wage disparity based on sex by ensuring equal pay for equal work among men and women.