All Else Being Equal,as the Population Ages and Many People

question 142

Multiple Choice

All else being equal,as the population ages and many people leave the labor force,

• A) the unemployment rate will rise.
• B) the price level will fall.
• C) long-run aggregate supply will fall.
• D) long-run aggregate supply will be unaffected.
• E) aggregate demand must rise.

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Definitions:

Low-latitude Forest

Ecosystems located close to the Equator, typically rich in biodiversity and defined by warm temperatures year-round.

Richness

In ecology, the number of different species represented in an ecological community, landscape, or region.

Edge Effects

The changes in population or community structures that occur at the boundary of two or more habitats, affecting biodiversity and ecological dynamics.

Ecotones

Transition areas between two biomes or ecosystems where species from both areas can interact and various species can thrive.