The Level of Aggregate Output and Income Where There Is

question 33

Multiple Choice

The level of aggregate output and income where there is a balance between spending and production decisions and where the economy moves toward is called:

• A)disequilibrium level of output and income.
• B)equilibrium level of output and income.
• C)disequilibrium level of employment.
• D)none of the above.

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Definitions:

1964 Civil Rights Act

This landmark piece of legislation in the United States outlawed discrimination based on race, color, religion, sex, or national origin, significantly influencing the country's civil rights movement.

Discrimination Protection

Legal or societal measures in place to prevent unfair treatment of individuals based on personal characteristics.

Legislation

Legislation is the process of making or enacting laws, typically carried out by a country's legislative body, such as a parliament or congress.

Equal Employment Opportunity Commission

A federal agency that administers and enforces civil rights laws against workplace discrimination.