If the Desired Fiscal Restraint Is $80 Billion and the AD

question 64

Multiple Choice

If the desired fiscal restraint is $80 billion and the AD excess is $160 billion,we can conclude that

• A)The MPS is 0.50.
• B)The multiplier is 0.50.
• C)There is a recessionary gap.
• D)The MPC is 2.0.

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Definitions:

External Attributional Style

A tendency to attribute one's own behaviors and outcomes to external factors or forces beyond one's personal control.

Emotional Lability

A condition of emotional instability characterized by rapid and extreme mood changes.

Self-Perception

A theory suggesting individuals infer their attitudes and feelings by observing their own behavior and the context in which it occurs.

Achievement Attribution

The process of assigning causes or reasons to one's successes or failures.