If Prices and Wages Are Flexible, a Decrease in Aggregate

question 32

Multiple Choice

If prices and wages are flexible, a decrease in aggregate demand will in the long run cause only a(n) :

• A) Decrease in the price level
• B) Increase in the price level
• C) Increase in the unemployment rate
• D) Decrease in real output

Prioritize teaching based on patient's immediate needs and learning opportunities.

Design learning objectives and outcomes tailored to the patient's needs.

Utilize feedback effectively in the learning process.

Apply various teaching methods appropriate to the patient's developmental stage and learning style.

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Definitions:

Market Price

The present cost at which services or assets are offered for trade in the market.

Extra Dividend

A one-time payment made by a company to its shareholders, in addition to any regular dividends.

Liquidating Dividend

A payment made by a corporation to its shareholders during its liquidation, distributing the remaining assets.

Regular Cash Dividend

Cash payment made by a firm to its owners in the normal course of business, usually made four times a year.