When Aggregate Demand Increases,what Happens to Prices and Employment

question 73

Multiple Choice

When aggregate demand increases,what happens to prices and employment?

• A) Prices will fall and unemployment will rise.
• B) Prices and unemployment fall.
• C) Prices and unemployment rise.
• D) Prices will rise and unemployment will fall.

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Definitions:

Community Purposes

Refers to the aims, goals, or objectives that benefit the general public or communal groups within society.

Social Justice

The concept of fair and equitable rights and opportunities within society, aiming to address systemic inequalities.

Profit Maximization

The process or strategy focused on increasing the net profit of a business by either reducing costs, increasing revenue, or both.

Enlightened Corporate Self-Interest

A business philosophy suggesting that companies can achieve better long-term performance by acting in a socially responsible manner.