In the Short Run,when There Is an Increase in Aggregate

question 246

Multiple Choice

In the short run,when there is an increase in aggregate demand,the aggregate price level will _____ and the aggregate output level will _____.

• A) rise;fall
• B) rise;rise
• C) fall;rise
• D) fall;fall

---

Definitions:

Fourteenth Amendment

An amendment to the U.S. Constitution, ratified in 1868, that granted citizenship and equal civil and legal rights to African Americans and slaves who had been emancipated.

States

Administrative divisions within a country, possessing certain governmental powers as defined by the nation's constitution or by historical precedent.

Thaddeus Stevens

A distinguished politician and abolitionist from the 19th century in the U.S., recognized for his pivotal role in the enactment of the 13th Amendment that eradicated slavery.

Radical Republicans

A faction of American politicians within the Republican Party from about 1854 to the end of Reconstruction in 1877 who advocated for the immediate abolition of slavery and stern retribution to the Southern states.