According to Mainstream Economists, the Basic Determinant of Real Output

question 67

Multiple Choice

According to mainstream economists, the basic determinant of real output, employment, and the price level is

• A) information and people's expectations.
• B) the level of aggregate expenditures.
• C) the incentive to work, save, and invest.
• D) the supply of money.

---

Definitions:

Top of Mind Awareness

A metric that measures how easily a brand or product is remembered or recalled by consumers within its category, indicating its prominence or salience in their minds.

Preferred Brand

The brand consumers favor over others due to its quality, reliability, or other distinguishing features.

Gut Feeling

Refers to an intuitive or instinctual judgment that is made without the use of rational processes.