Because of the Wealth Effect, a Rising Aggregate Price Level

question 143

Multiple Choice

Because of the wealth effect, a rising aggregate price level _____ the purchasing power of wealth and therefore _____ output demanded.

• A) increases; increases
• B) increases; reduces
• C) reduces; increases
• D) reduces; reduces

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Definitions:

Hostile Work Environment

A workplace where harassment and bullying occur frequently, making it difficult for employees to perform their jobs.

Sexual Advances

Unwanted or inappropriate actions directed towards an individual with the intent of a sexual nature.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature that affects an individual's employment or creates a hostile work environment.

Offensive

Something that can cause someone to feel hurt, upset, or uncomfortable due to its inappropriate or disparaging nature.