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If the Investment Curve Is Relatively Vertical, the Keynesian Conclusion

question 155

True/False

If the investment curve is relatively vertical, the Keynesian conclusion is that the transmission mechanism has little effect on the economy.


Definitions:

Acromegaly

A disorder in which too much growth hormone is produced in adults.

Gigantism

A condition in which too much growth hormone is produced in childhood, resulting in an abnormally increased stature.

Dwarfism

A condition in which too little growth hormone is produced, resulting in an abnormally small stature.

Cretinism

A condition arising from a severe deficiency of thyroid hormone in infants or young children, leading to stunted physical and mental growth.

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