In the Simple Keynesian Model,there Are Three Simplifying Assumptions

question 114

Multiple Choice

In the simple Keynesian model,there are three simplifying assumptions.One of these assumptions is:

• A) no consumption
• B) no investment
• C) no exports or imports
• D) a and b
• E) a,b,and c

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Definitions:

Early Instinct Theories

Theories proposing that behaviors are primarily driven by innate instincts, focusing on the innate, biological determinants of behavior.

Genetic Programs

The predetermined sequences of development and behavior encoded in an organism's DNA.

Arbitrary Lists

Random or unstructured collections of items or elements without a specific rationale for their order or selection.

Nominal Fallacy

The misconception that naming something explains it, without understanding the underlying causes or nature of what is being named.