An Unexpected Decrease in Aggregate Demand

question 276

Multiple Choice

An unexpected decrease in aggregate demand

• A)will decrease long-run aggregate supply.
• B)will decrease the average duration of unemployment.
• C)will decrease the price level.
• D)will decrease real GDP, but will not affect the rate and duration of unemployment.

Understand the implications of eyewitness testimony and its susceptibility to error.

Recognize the role of the hippocampus in memory formation and understand the consequences of its damage.

Understand the impact of hormones such as cortisol and epinephrine on memory.

Explain the concept of long-term potentiation (LTP) and its importance in memory.

---

Definitions:

Zero-Coupon Bond

A debt security that is issued at a discount and repaid at face value but does not pay interest during its life.

Investment

The allocation of resources (such as time, money, or effort) in the expectation of generating an income or profit.

Face Value

The nominal value of a security stated by the issuer, typically found on bonds and stock certificates.

Invoice Price

The price that a retailer, dealer, or distributor pays to the manufacturer, excluding any additional fees or charges.