Which of the Following, Because of Its Efforts to Right

question 102

Multiple Choice

Which of the following, because of its efforts to right a perceived social wrong, would be considered an interest group that spawned a social movement?

• A)the American Banking Association (ABA)
• B)the American Association of Retired Persons (AARP)
• C)the National Association for the Advancement of Colored People (NAACP)
• D)the American Federation of Teachers (AFT)

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Definitions:

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where market supply and demand balance each other.

SRAS Curve

Short-Run Aggregate Supply curve, representing the relationship between the total supply of goods and services and the price level in the short run.

Real GDP

The measure of the value of all final goods and services produced within a country adjusted for inflation or deflation.

DSO

Stands for Days Sales Outstanding, a measure used by companies to assess the average number of days it takes to collect payment after a sale has been made.