In the Keynesian-Cross Model, If Taxes Are Reduced by 100

question 41

Multiple Choice

In the Keynesian-cross model, if taxes are reduced by 100, then planned expenditures ______ for any given level of income.

• A) increase by 100
• B) increase by more than 100
• C) decrease by 100
• D) increase, but by less than 100

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Definitions:

Heritability

A measure of how much of the variation in a trait within a population is due to genetic differences among individuals in that population.

Twin Studies

Studies of the heritability of a disorder by comparing concordance rates between monozygotic and dizygotic twins.

Identical Twins

Twins resulting from the splitting of a single fertilized egg, sharing the same genetic material and thus being genetically identical.

Genes

Units of heredity made up of DNA that act as instructions to make molecules called proteins, affecting how organisms inherit traits from their parents.