Consider the Simplest Macroeconomic Model,with a Closed Economy and No

question 147

Multiple Choice

Consider the simplest macroeconomic model,with a closed economy and no government.If we assume that desired investment is autonomous with respect to national income,then the investment function (which graphs desired investment against actual national income) will be

• A)negatively sloped.
• B)positively sloped and relatively steep.
• C)positively sloped and relatively flat.
• D)vertical.
• E)horizontal.

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Definitions:

Neuroscience Perspective

An approach in psychology that examines mental and psychological functions based on their biological processes, especially focusing on the role of the nervous system.

Physical Properties

Characteristics of matter that can be observed or measured without changing its composition, such as density, color, or boiling point.

Brain Influence

The impact that the brain has on directing behavior, decision-making, and cognitive functions.

Biopsychosocial Approach

A holistic viewpoint that takes into account the biological, psychological, and social elements and their intricate interplay in comprehending health, sickness, and the provision of healthcare.