The Diagram Below Is for a Closed Economy Which Begins

question 1

Multiple Choice

The diagram below is for a closed economy which begins in long-run equilibrium at Y* and . FIGURE 31-3
-Refer to Figure 31-3.Suppose the government in this closed economy implements an expansionary fiscal policy,which increases the budget deficit.When the economy reaches its new long-run equilibrium,how has the composition of national income changed?

• A)net exports have fallen
• B)investment has fallen
• C)consumption has increased
• D)net exports have risen
• E)the composition of national income at Y* is unchanged

---

Definitions:

Patient's Right

Patient's right refers to the legal and ethical entitlements related to the privacy, autonomy, and informed consent of individuals receiving medical care.

Unit Milieu

The overall environment and interpersonal dynamics within a specific care unit, emphasizing the therapeutic or healing aspects.

Ethical Principle

A fundamental guideline or rule that is used to make judgements about what is right and wrong in a particular situation.

Autonomy

The right or condition of self-government, or in a personal sense, the capacity to make an informed, uncoerced decision.