According to Keynes, a Pessimistic Outlook Causes Consumers and Businesspersons

question 171

Multiple Choice

According to Keynes, a pessimistic outlook causes consumers and businesspersons to ____, and a recession could occur.

• A)increase planned investment
• B)decrease planned spending
• C)increase exports
• D)decrease imports
• E)decrease saving

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Definitions:

High Performance

Achieving significantly better outcomes or efficiencies, usually in the context of organizational or individual work, through effective strategies and practices.

Satisfaction

The feeling of pleasure or contentment arising from the fulfillment of one's desires, expectations, or needs.

Mechanistic Designs

Mechanistic designs are centralised with many rules and procedures, a clear-cut division of labour, narrow spans of control and formal coordination.

Organic Designs

Approaches to structuring organizations that foster decentralization, allowing for quick adaptation and autonomy among teams.