Many Economists Maintain That

question 65

Multiple Choice

Many economists maintain that

• A)the aggregate supply curve is nearly horizontal at low levels of real GDP.
• B)the aggregate supply curve is nearly vertical at very high levels of real GDP.
• C)any change in aggregate demand will have most of its effect on output when economic activity is low but on prices when the economy is near full employment.
• D)All of the above are correct.

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Definitions:

Gender Segregation

The physical, legal, or cultural separation of people based on their gender.

Concentration Of Women

Situations or contexts where women are in majority or where their presence is significantly higher than that of men.

Legislation

Laws and regulations formally enacted by governing bodies to regulate, authorize, forbid, or sanction specific actions and practices.

Gender Identity

Gender identity is an individual's personal sense of their own gender, which may or may not correspond with the sex they were assigned at birth.