Table 13-3 All Figures in Billions of Base-Year Dollars

question 76

Multiple Choice

Table 13-3
All figures in billions of base-year dollars

-Refer to Table 13-3. Suppose the equilibrium level of real GDP at the prevailing price is $500 billion below potential real GDP. All else constant, by how much should autonomous aggregate expenditures be increased to reach potential output?

• A) $150 billion
• B) $200 billion
• C) $400 billion
• D) $500 billion

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Definitions:

Neuroscience Approach

A method of studying the nervous system to understand the biological bases of behavior, cognition, and emotion.

Apraxia

A motor disorder caused by damage to the brain, characterized by difficulty in executing purposeful movements despite having the desire and physical ability to perform them.

Aphasia

is a communication disorder that results from damage to parts of the brain responsible for language, affecting the person's ability to speak, write, and understand others.

Agnosia

A neurological disorder marked by the inability to recognize and identify objects, people, sounds, or shapes, despite intact sensory faculties.