In the IS-LM Model the Equilibrium Level of GDP Depends

question 10

Multiple Choice

In the IS-LM model the equilibrium level of GDP depends on:

• A)the marginal propensity to consume.
• B)public expenditure.
• C)money supply.
• D)all of the above.

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Definitions:

Employee Motivation

The level of enthusiasm, fidelity, and ingenuity that staff members of a corporation show in their job functions.

Four-Drive Theory

A motivational theory that identifies four basic drives—the drive to acquire, bond, comprehend, and defend—that govern human behavior.

Human Emotions

Complex reactions that involve a person's psychological and physical state in response to stimuli or situations, influencing behavior and decision-making.

Expectancy Theory

A motivation theory that suggests an individual’s behavior is determined by their expected outcomes or rewards following such behavior.