The Paradox of Thrift Does Not Exist in the Long

question 95

Multiple Choice

The paradox of thrift does not exist in the long run because

• A)aggregate supply has an impact on real GDP only in the short run.
• B)changes in aggregate demand have no impact on real GDP in the long run.
• C)potential output is determined by changes in the price level.
• D)not everyone increases saving in the long run.
• E)everyone increases consumption in the long run.

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Definitions:

BRCA1

A gene located on chromosome 17, playing a critical role in the repair of DNA breaks; mutations can significantly increase the risk of breast and ovarian cancer.

BRCA2

A gene located on chromosome 13 that produces a protein involved in DNA repair and plays a key role in maintaining the genetic stability of cells.

Mitotic Spindle

A structure composed of microtubules that segregates chromosomes into daughter cells during mitosis.

Microtubules

Cylindrical structures that are part of the cytoskeleton in all eukaryotic cells, involved in cellular movement, shape, and division.