Which of the Following Statements Is (Are) True? I

question 187

Multiple Choice

Which of the following statements is (are) true? I. At full employment, expansionary fiscal policy results in an increase in aggregate demand, increasing output temporarily above full employment.
II) When the government runs a deficit, it must sell bonds.
III) When the federal government spends more than tax revenues permit, it can sell bonds only to foreigners.

• A) I only
• B) I and II only
• C) II and III only
• D) I, II, and III only

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Definitions:

Multiple Approach-Avoidance Conflict

A psychological conflict that involves being torn between more than one goal that has both appealing and unappealing aspects.

Type B Behavior

A personality type characterized by less competitive, more relaxed, and less stress-prone behaviors compared to Type A.

Low Blood Pressure

A condition where the blood pressure in the arteries is abnormally low, possibly leading to symptoms like dizziness or fainting.

Coronary Heart Disease

A condition characterized by the narrowing or blockage of the coronary arteries, which can lead to chest pain, heart attacks, and other heart problems.