In the Long Run, an Increase in Government Spending Tends

question 54

True/False

In the long run, an increase in government spending tends to increase output and prices.

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Definitions:

Less is More

A design principle emphasizing that simplicity and clarity lead to good design, often associated with the minimalist movement.

De Stijl

Dutch, “the style.” An early-20th-century art movement (and magazine), founded by Piet Mondrian and Theo van Doesburg, whose members promoted utopian ideals and developed a simplified geometric style.

Gerrit Thomas Rietveld

A Dutch architect and furniture designer, recognized for his contribution to the De Stijl movement and designs like the Red and Blue Chair.

Piet Mondrian

A Dutch painter famous for his contribution to the De Stijl art movement, known for his abstract works characterized by horizontal and vertical lines and primary colors.