During 2012,a Country Reports That Its Price Level Fell and the Money

question 123

Multiple Choice

During 2012,a country reports that its price level fell and the money wage rate did not change.These changes led to a(n) ________ because the country experienced a(n) ________.

• A)increase in the quantity of real GDP supplied;higher real wage rate and lower profits for firms
• B)decrease in the quantity of real GDP supplied;higher real wage rate and lower profits for firms
• C)decrease in the quantity of real GDP supplied;lower real wage rate and lower profits for firms
• D)decrease in aggregate demand;economic expansion
• E)increase in the quantity of real GDP supplied;lower real wage rate and higher profits for firms

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Definitions:

Civil Rights Act

Legislation, notably that of 1964 in the USA, aimed at ending discrimination based on race, color, religion, sex, or national origin.

Pregnancy Discrimination Act

A federal law in the United States that prohibits discrimination against pregnant women in the workplace.

Work-Family Balance

The effort to give appropriate attention and time to both work and family commitments, often to reduce conflict and stress.

Occupational Burnout

A state of physical and emotional exhaustion, often accompanied by feelings of reduced accomplishment and loss of personal identity, typically caused by prolonged stress at work.