If Expenditure by the Government of a Country Increases,________

question 175

Multiple Choice

If expenditure by the government of a country increases,________.

• A) the GDP of the country will increase
• B) the aggregate price level of the country will decrease
• C) the country's expenditure on consumption will decrease
• D) the unemployment rate in the country will increase

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Definitions:

Biogenetic Needs

Essential biological requirements for human survival, such as food, water, and shelter, thought to be influenced by genetic factors.

Adult Ego State

A term from transactional analysis referring to a state of mind that is rational, objective, and oriented towards problem-solving.

Parent Ego State

A concept in Transactional Analysis referring to a set of feelings, attitudes, and behaviors that are learned from parental figures.

Ambiguous Situations

Scenarios or contexts in which information is vague, unclear, or incomplete, leading to uncertainty or multiple interpretations.