When Total Injections Are Less Than Total Withdrawals at Full-

question 69

Multiple Choice

When total injections are less than total withdrawals at full- employment national income there is said to be:

• A) a hysteresis effect
• B) a deflationary gap
• C) a paradox of thrift
• D) an inflationary gap

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Definitions:

Attachment

A profound and lasting emotional connection that links one individual to another, transcending both time and distance.

Arranged Marriages

Marital unions in which partners are selected by individuals other than those getting married, often based on cultural, religious, or social factors.

Germany

A country in Central Europe known for its rich history, cultural heritage, and significant role in world affairs.

Japan

A country in East Asia known for its rich culture, history, and technological advancements.