Refer to the Information Provided in Figure 32

question 73

Multiple Choice

Refer to the information provided in Figure 32.2 below to answer the question(s) that follow. Figure 32.2
-Refer to Figure 32.2. According to ________ economists, under rational expectations an expected decrease in government spending would not change AD or AS.

• A) Keynesian
• B) the new classical
• C) monetarist
• D) none of the above

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Definitions:

Second Language

A language learned by a person in addition to their native language.

Lingua Franca

A language systematically used to make communication possible between people not sharing a mother tongue, in particular for trade, diplomacy, or cultural exchanges.

Cultural Dimensions

Theoretical frameworks that describe the effects of a society’s culture on the values of its members, and how these values relate to behavior.

Uncertainty Avoidance Index

a measure used in cultural studies to indicate the degree to which a society tolerates uncertainty and ambiguity.