The Aggregate Demand Curve Has the Usual Downward Slope,since a Higher

question 84

Multiple Choice

The aggregate demand curve has the usual downward slope,since a higher price level reduces the real money supply,________ interest rates,and ________ the equilibrium level of aggregate output,everything else held constant.

• A)raises; lowers
• B)raises; raises
• C)lowers; lowers
• D)lowers; raises

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Definitions:

De Facto Segregation

Racial segregation that occurs in schools, workplaces, and residential areas, not as a result of laws, but as a result of patterns of inequality in society.

African American

African American is a term used to describe Americans of African descent, particularly those whose ancestors were enslaved and brought to the Americas.

Public School

In the United States, a school maintained at public expense for the education of the children of a community or district and obliged to provide a minimum standard of education.

Strict Scrutiny

The highest standard of review applied by courts when evaluating laws or policies that infringe on constitutionally protected freedoms, requiring a compelling state interest for such laws.