A Key Element of Keynesian Analysis Relates To

question 40

Multiple Choice

A key element of Keynesian analysis relates to:

• A)policies to reduce the difference between planned and actual spending and investment.
• B)using taxation as a means to influence the interest rate in an economy.
• C)the similarities between short term fluctuations in macroeconomic variables and how they behave in the long run.
• D)the distinction between planned spending and investment and actual spending and investment.

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Definitions:

Upward Appeal

A means of influence in which the leader enlists a person with more formal authority to do the influencing.

Compliance

The act of conforming to and following rules, standards, laws, or guidelines set by governing bodies or industry standards.

Implicit Leadership

The idea that leadership qualities are primarily shaped by observers’ beliefs and expectations rather than the explicit traits or behaviors of the leader themselves.

Compassionate

Involves showing sympathy and a desire to help others.