Consider the AD/AS Model

question 102

Multiple Choice

Consider the AD/AS model. An increase in government purchases will have no impact on equilibrium real GDP if

• A)the AS curve slopes upward.
• B)the simple multiplier is very small.
• C)the AS curve is vertical.
• D)the marginal propensity to spend is very small.
• E)the AS curve is horizontal.

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Definitions:

General Social Survey

A sociological survey conducted in the United States to collect data on demographic characteristics and attitudes covering a wide range of subjects.

Doubt

A feeling of uncertainty or lack of conviction about something, which may lead to questioning beliefs, decisions, or the reliability of information.

Respondents

Individuals who answer or respond to surveys and questionnaires as part of research studies.

Durkheim's Theory

Emile Durkheim's sociological theory that focuses on how societies maintain order and cohesion, emphasizing the role of social norms, values, and institutions.