In the Long Run,an Increase in Aggregate Demand Will Cause

question 131

Multiple Choice

In the long run,an increase in aggregate demand will cause

• A)a decrease in price and output levels
• B)an increase in price and output levels
• C)an increase in the price level and a decrease in output
• D)a decrease in the price level and an increase in output
• E)an increase in the price level and no change in output

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Definitions:

Conflict Theory

A sociological perspective that emphasizes the role of power and coercion in producing social order.

Social Inequality

The unequal distribution of resources, opportunities, and privileges among different social groups in a society.

Anti-Natalist

A philosophical stance or policy that opposes or expresses skepticism towards procreation and childbirth, often due to environmental, social, or personal concerns.

One-Child Policy

A population control policy of China, implemented in 1979 and officially phased out in 2015, which limited families to having only one child to curb the growth of its population.