-If at a Certain Price Level the AS Exceeds the AD

question 77

Multiple Choice

-If at a certain price level the AS exceeds the AD then what are the implications?

• A)There is a shortage of goods and services,and eventually prices will increase.
• B)There is a surplus of goods and services,and eventually prices will increase.
• C)There is a shortage of goods and services,and eventually prices will decrease.
• D)There is a surplus of goods and services,and eventually prices will decrease.

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Definitions:

Secondary Deviation

The stage in which an individual comes to accept the label of "deviant" and takes on a deviant identity as a result of societal reactions.

Symbolic Interactionist

A practitioner or adherent of Symbolic Interactionism, emphasizing the study of how people negotiate the meaning of social life during interactions.

Sociological Research

the study of social behaviors, institutions, and functions using various methods of empirical investigation and critical analysis to improve understanding of social structures and processes.

Labeling Theory

The theory that society creates deviance by identifying and labeling certain actions or behaviors as deviant.