The Automatic Mechanism ________ the Price Level in the Case

question 264

Multiple Choice

The automatic mechanism ________ the price level in the case of ________ and ________ the price level in the case of ________.

• A)raises; recession; lowers; expansion
• B)raises; expansion raises; recession
• C)lowers; expansion; lowers; recession
• D)lowers; recession; raises; expansion

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Definitions:

Federal Judge

A judge appointed by the president of the United States and confirmed by the U.S. Senate, who adjudicates cases within the federal court system.

Congress

The national legislative body of the United States, consisting of the Senate and the House of Representatives, responsible for making federal laws.

Artificial Persons

Legal entities that are not natural persons (human beings) but are treated by law as if they were individuals, such as corporations or government bodies.

Fourteenth Amendment

An amendment to the US Constitution granting citizenship to all persons born or naturalized in the United States and ensuring equal protection under the laws.