Consider the Simplest Macro Model with Demand- Determined Output

question 67

Multiple Choice

Consider the simplest macro model with demand- determined output. If desired aggregate expenditure is greater than actual national income, then

• A)inventories will likely begin to fall, causing firms to increase production.
• B)actual national income must be less than the equilibrium level.
• C)both A and B are correct.
• D)inventories will likely begin to rise, causing firms to reduce production.
• E)actual national income must be greater than the equilibrium level.

Understand the concept of compulsions as behaviors to reduce anxiety caused by obsessions.

Understand the criteria for diagnosing dissociative disorders.

Recognize the application of cognitive perspectives in understanding personal and psychological problems.

Identify the culture-bound syndromes and their originating cultures.

---

Definitions:

Direct Quotation

Text taken verbatim from a source, usually marked by quotation marks to indicate the exact words of another speaker or writer.

Paraphrasing

The act of rewording or restating text or speech using different words, often to achieve clearer and simpler communication.

Indirect Quotation

The conveyance of someone's words or expressions without quoting them directly, often paraphrased.

Summary

An abbreviated representation of content, highlighting its key aspects.