Short-Term Departures from Equilibrium May Be Caused by

question 28

Multiple Choice

Short-term departures from equilibrium may be caused by

• A) changes in spending decisions of households.
• B) changes in fiscal policy.
• C) changes in investment spending.
• D) changes in foreign demand for U.S. products.
• E) all of the above.

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Definitions:

Potential Causes

Possible factors or conditions that could lead to a specific outcome or effect.

Being Too Happy

A conceptual state where excessive happiness leads to negative outcomes or impairments in judgment, decision-making, or social relationships.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, outlining a hierarchy of human needs from basic physiological needs to self-actualization.