Is the Following Definition Too Broad or Too Narrow? Cat

question 59

Multiple Choice

Is the following definition too broad or too narrow? cat: a small, white, four-legged mammal

• A)It depends on the identity of the person who is defining the word.
• B)too broad
• C)too narrow
• D)both too broad and too narrow
• E)neither too broad nor too narrow

---

Definitions:

Simple Spending Multiplier

A ratio that estimates the impact on aggregate output (or income) of a change in autonomous spending.

Net Taxes

The total taxes paid by an individual or business minus any government subsidies or refunds received.

Federal Government Spending

Expenditure by the national government on goods, services, and public projects to influence a nation's economy.

Aggregate Demand Curve

A visual diagram that illustrates the connection between the general price level within an economy and the aggregate demand for products and services.