In the Very Short Term, in the Keynesian Model, Which

question 352

Multiple Choice

In the very short term, in the Keynesian model, which of the following is fixed and does not change when GDP changes?

• A) planned investment
• B) planned imports
• C) planned consumption
• D) All of the above answers are correct

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Definitions:

Habitual Purchasers

Consumers who buy the same brands or products repeatedly out of habit rather than through active decision-making based on price, quality, or other factors.

Extended Problem-Solving

A consumer decision-making process used for high involvement purchases, requiring considerable time and effort in evaluating alternatives.

Reference Group

One or more persons whom an individual uses as a basis for comparison regarding beliefs, feelings, and behaviors.

Indirect Influence

The subtle, non-direct impact that an entity or action may have on people's decisions, behaviors, or outcomes without explicit instruction or direct intervention.