Within the Framework of the Keynesian Model

question 96

Multiple Choice

Within the framework of the Keynesian model,

• A) changes in output rather than changes in prices direct the economy to equilibrium.
• B) changes in prices rather than changes in output direct the economy to equilibrium.
• C) changes in interest rates and resource prices will direct the economy to equilibrium.
• D) the economy will continually be in equilibrium.

---

Definitions:

Buying Center Role(s)

The different positions or functions individuals within an organization assume during the process of buying or purchasing.

Pharmaceutical Sales Representatives

Professionals who market prescription drugs and medical equipment to healthcare providers on behalf of pharmaceutical companies.

Company Car

A vehicle provided by an employer for the business and sometimes personal use of its employees.

Information Search

The process consumers engage in to gather information about products or services to make an informed purchase decision.