Consider the Simplest Macro Model with a Constant Price Level

question 55

Multiple Choice

Consider the simplest macro model with a constant price level and demand-determined output.If national income is less than its equilibrium level,it is likely that firms' inventories are ________,and so national income tends to ________.

• A)accumulating; rise
• B)accumulating; fall
• C)being depleted; rise
• D)being depleted; fall
• E)constant; fall

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Definitions:

Gender Schemas

Cognitive frameworks that organize information related to gender, influencing how individuals perceive and interact with their social world.

Psychodynamic

A psychological theory or approach that emphasizes unconscious psychological processes (e.g., wishes, fears) and contends that childhood experiences are crucial in shaping adult personality.

Cultural

Pertaining to the customs, arts, social institutions, achievements, and manifestations of a particular nation, people, or other social group.

Gender Schema View

A theory suggesting that people use gender as an organizing theme to classify and interpret their experiences and perceptions.