If Policymakers Increase Aggregate Demand,then in the Short Run the Price

question 70

Multiple Choice

If policymakers increase aggregate demand,then in the short run the price level

• A)falls and unemployment rises.
• B)and unemployment fall.
• C)and unemployment rise.
• D)rises and unemployment falls.

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Definitions:

Equitable

Characterized by fairness, justice, and impartiality in the treatment or recognition of all individuals.

World

Refers to the earth, along with all of its countries, peoples, and natural features.

Metabolism

The complex set of life-sustaining chemical transformations within the cells of living organisms.

Linear

Characterized by a sequential, straight progression from one point to another without deviating.