During the Great Depression,aggregate Demand in the U

question 3

Multiple Choice

During the Great Depression,aggregate demand in the U.S.economy decreased.As a result,the unemployment rate ________ and the price level ________.

• A) decreased; increased
• B) remained unchanged; increased
• C) increased; remained unchanged
• D) remained unchanged; remained unchanged
• E) increased; decreased

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Definitions:

Availability Heuristic

A cognitive shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.

Nightly News

A daily evening broadcast that summarizes the day's events, providing viewers with updates on local, national, and international news stories.

Semantics

The branch of linguistics and logic concerned with meaning, including the ways in which words and sentences relate to each other and to the objects they refer to.

Morphemes

The smallest meaningful units in the grammar of a language.