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Scenario 14-2. The economy is in long-run equilibrium. Suddenly, due to corporate scandals, international tensions, and the loss of confidence among policymakers, citizens become pessimistic concerning the future. They maintain this level of pessimism for a long time.
-Refer to Scenario 14-2. In the short-run, which of the following are consistent with the aggregate demand and aggregate supply theory?
Dissenting Justice
A judge or justice of a higher court, such as the Supreme Court, who disagrees with the majority's decision and expresses this dissent in a separate opinion.
John Marshall Harlan
An Associate Justice of the Supreme Court of the United States known for his dissenting opinions, particularly in cases related to civil liberties and racial segregation.
Status of Blacks
Refers to the social, economic, and political standings and rights of Black people, historically and in contemporary society.
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