Regents of the University of California V

question 34

True/False

Regents of the University of California v. Bakke ruled that affirmative action programs were unconstitutional.

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Definitions:

Aggregate Consumption

The total amount of goods and services consumed in an economy over a specific time period.

Consumption Function

A formula in economics that depicts the correlation between overall consumption and the gross national income.

Aggregate Income

The total sum of income earned by individuals and businesses in an economy over a specified period.

Aggregate Consumption

This refers to the total amount of goods and services consumed by a population or economy over a certain period.