In the Keynesian Framework,as Long as Output Is Below the Equilibrium

question 1

Multiple Choice

In the Keynesian framework,as long as output is below the equilibrium level,unplanned inventory investment will remain negative,firms will continue to ________ production,and output will continue to ________.

• A)lower;fall
• B)lower;rise
• C)raise;fall
• D)raise;rise

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Definitions:

Niche-picking

The process by which individuals select environments or experiences that complement their inherited tendencies or skills.

Genetic Tendencies

Inclinations or predispositions for certain traits or behaviors influenced by genes.

Experiences

Events or occurrences that an individual personally goes through, contributing to their knowledge, opinions, or emotions.

Environments

The surroundings or conditions in which a person, animal, or plant lives or operates, including natural, social, and built factors.