John Maynard Keynes Argued That If Many Households Decide to Increase

question 144

Multiple Choice

John Maynard Keynes argued that if many households decide to increase saving and reduce spending at the same time

• A)this may benefit the economy in the short run,but not in the long run.
• B)the economy will benefit in the short run and benefit by an even greater amount in the long run.
• C)this will have a major negative impact on the economy in both the short run and in the long run.
• D)this may benefit the economy in the long run,but could be counterproductive in the short run.

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Environment

The surroundings or conditions in which a person, animal, or plant lives or operates, including natural and built environments.

Cerebral Cortex

The outer layer of the brain's cerebrum, involved in high-level functions such as sensation, voluntary muscle movement, thought, reasoning, and memory.

Lobes

Divisions or sections of an organ in the body, notably in the brain, defined by natural divisions like folds, grooves, or fissures.

Genotype

An organism's complete set of genetic material, including all of its genes, which can influence physical appearance, behavior, and disease risk.