The Keynesian View Stresses That

question 219

Multiple Choice

The Keynesian view stresses that:

• A)demand creates its own demand.
• B)there is direct relationship between consumer spending and disposable income.
• C)when aggregate expenditures (demand)can be forever less than full-employment output therefore prolonged unemployment will persist.
• D)all of these are true.

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Definitions:

Variables

In research, these are elements or factors that can change and affect the outcome of a study, and they can be manipulated or measured.

Relationship

A connection, association, or involvement between two or more entities, often studied in social sciences to understand interactions.

Criterion Variable

The outcome variable that is predicted based on one or more predictor variables in regression analysis.

Linear Regression Equation

A formula to determine the line of best fit in a dataset, depicting how the dependent variable is influenced by one or more independent variables.