What Event Was a Major Influence on the Development of Macroeconomics

question 133

Multiple Choice

What event was a major influence on the development of macroeconomics?

• A) Great Depression
• B) Employment Act of 1946
• C) establishment of the Federal Reserve System in the United States
• D) U.S. entry into World War II

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Definitions:

Effortful Control

The ability to regulate one's emotions and actions through conscious, volitional control instead of automatic responses.

Negative Affect

A broad range of feelings and emotions that are unpleasant or undesirable, such as sadness, anger, or anxiety.

Extraversion

A personality trait characterized by outgoingness, high energy, and a tendency to seek stimulation in the company of others.

Dominant Mood

The prevailing emotional state or overall feeling that characteristically influences an individual's attitude and behavior.