Samuelson and Solow Argued That When Unemployment Is High

question 29

Multiple Choice

Samuelson and Solow argued that when unemployment is high,

• A)aggregate demand is high,which puts upward pressure on wages and prices.
• B)aggregate demand is high,which puts downward pressure on wages and prices.
• C)aggregate demand is low,which puts upward pressure on wages and prices.
• D)aggregate demand is low,which puts downward pressure on wages and prices.

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Definitions:

Shorted

A condition in which an electrical circuit bypasses its intended path due to a direct path of low resistance.

Rotating Magnetic Field

The revolving magnetic field inside a polyphase motor.

Synchronous Speed

The speed at which the magnetic field in an AC machine rotates, determined by the frequency of the supply current and the number of poles in the machine.

Rotor Speed

The rotational speed of the rotor in a motor or generator, usually measured in revolutions per minute (RPM).