An Increase in the Labour Force While Holding Population Constant

question 111

Multiple Choice

An increase in the labour force while holding population constant will

• A)increase aggregate demand and real GDP,but have no effect on the price level.
• B)increase aggregate demand and aggregate supply by the same amounts,causing real GDP to increase and the price level to remain constant.
• C)increase aggregate supply and real GDP,but have no effect on the price level.
• D)increase aggregate supply and real GDP and lower the price level.

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Definitions:

Court's Statements

Official pronouncements or declarations made by a judge or court of law regarding a legal matter or case.

Court's Decision

The final judgment or order given by a court in legal proceedings.

Concurring Opinion

An additional written opinion by a judge who agrees with the decision of the court but wants to make a particular point that was not made or emphasized in the majority opinion.

Majority

The greater part or number; in the context of votes, it refers to more than half of the total count.