According to Keynes, a Pessimistic Outlook Causes Consumers and Businesspersons

question 171

Multiple Choice

According to Keynes, a pessimistic outlook causes consumers and businesspersons to ____, and a recession could occur.

• A)increase planned investment
• B)decrease planned spending
• C)increase exports
• D)decrease imports
• E)decrease saving

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Definitions:

Organic Molecules

Compounds primarily made of carbon atoms bonded with hydrogen, often containing oxygen and nitrogen, and forming the basis of all life forms.

Guano

Accumulated excrement of seabirds and bats, used as a fertilizer due to its high nitrogen, phosphate, and potassium content.

Phosphorus Cycle

The biogeochemical cycle that describes the movement of phosphorus through the lithosphere, hydrosphere, and biosphere.

Denitrification

The microbial process of reducing nitrates or nitrites typically in soil, resulting in the escape of nitrogen gases back into the atmosphere.