Depending on How Fiscal Policy Is Implemented,it Can Affect

question 137

Multiple Choice

Depending on how fiscal policy is implemented,it can affect

• A) only aggregate demand.
• B) only aggregate supply.
• C) both aggregate demand and aggregate supply.
• D) neither aggregate demand nor aggregate supply.
• E) monetary policy.

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Definitions:

Cognitive Dissonance

A psychological discomfort experienced when holding two or more conflicting beliefs, ideas, or values at the same time.

Foot-In-The-Door Phenomenon

A psychological tactic involving getting someone to agree to a small request to increase the chances of them agreeing to a larger request later.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting thoughts, beliefs, values, or attitudes.

Role-Playing

A teaching or training technique that involves acting out situations or assuming the roles of characters to simulate real-life scenarios.