A Decline in the Stock Market,which Makes Consumers Poorer,would Cause

question 20

Multiple Choice

A decline in the stock market,which makes consumers poorer,would cause

• A)the aggregate demand curve to shift to the right.
• B)the aggregate demand curve to shift to the left.
• C)a movement down and to the right along the aggregate demand curve.
• D)a movement up and to the left along the aggregate demand curve.

Analyze the societal impact of poverty.

Explain how social, human, and cultural capital affect employment opportunities.

Identify the myths and misconceptions about poverty.

Comprehend the measures used to calculate low-income cutoffs and poverty lines.

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Definitions:

Bystander Effect

A social psychological phenomenon in which individuals are less likely to offer help to a victim when other people are present.

Emergency

A sudden, unexpected situation requiring immediate action to prevent a dangerous outcome.

Electric Shock

A sudden discharge of electricity through a part of the body, causing a sharp sensation.

Ingratiation

A social influence strategy where an individual tries to make themselves more likable or attractive to another, often through flattery or other forms of appeal.