Which of the Following Statements Is True

question 119

Multiple Choice

Which of the following statements is true?

• A)In the short run, changes in fiscal policy mainly affect potential GDP.
• B)Fiscal policy's initial impact on real GDP is permanent.
• C)Fiscal policy does not have the potential to reduce the size of economic fluctuations.
• D)Erratic changes in fiscal policy can increase economic fluctuations.
• E)Fiscal policy cannot cause erratic fluctuations in real GDP.

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Definitions:

Rhodopsin Synthesis

The biochemical process by which rhodopsin, a light-sensitive pigment found in the photoreceptor cells of the retina, is produced.

Clotting Factors

Proteins in the blood that work together to form a blood clot, preventing excessive bleeding.

ATP Production

The process of generating adenosine triphosphate (ATP), the cell's main energy currency, through cellular respiration or photosynthesis.

Oxidation-Reduction Reactions

Chemical reactions involving the transfer of electrons between two substances, altering their oxidation states and energy levels.