In the Short Run, an Increase in Government Purchases Will

question 61

Multiple Choice

In the short run, an increase in government purchases will cause

• A) a shift of the DD curve to the left and an increase in output.
• B) a shift of the DD curve to the right and a decrease in output.
• C) a shift of the DD curve to the left and a decrease in output.
• D) a shift of the DD curve to the right and an increase in output.
• E) a shift of the DD curve the left and an appreciation of the currency.

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Definitions:

Land Ethic

A philosophical approach advocating for a respectful and ethical relationship between humans and the natural environment, emphasizing stewardship and sustainability.

New Ecological Paradigm

A belief system that recognizes humans as an integral part of the ecosystem and emphasizes sustainable environmental practices.

Modern Environmental Movement

A diverse scientific, social, and political movement for addressing issues of environmental protection and sustainability that began in the mid-20th century.

Environmental Defense

Efforts and actions aimed at protecting the natural environment from degradation, pollution, and destruction.