Opponents of Policy Activism Argue That Even If Intended Private

question 12

Multiple Choice

Opponents of policy activism argue that even if intended private spending is NOT stable,economic stability nonetheless occurs because of

• A) large government budget deficit spending.
• B) the willingness of banks to hold excess reserves.
• C) offsetting fluctuations in the velocity of circulation.
• D) flexible wages and prices.
• E) the acceleration effect.

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Definitions:

Self-actualization

A process of fulfilling one's potential and achieving the highest level of human functioning.

Belongingness Needs

A basic human drive to create and sustain robust, enduring connections with others.

Belongingness

The innate human need to feel connected and accepted by others.

Love Needs

Emotional requirements centered on affection, belonging, acceptance, and love from others.