Bony Fish (Like Tuna or Anchovies) Are Members of This

question 19

Multiple Choice

Bony fish (like tuna or anchovies) are members of this group:

• A) Mammalia
• B) Chondrichthyes
• C) Osteichthyes
• D) Agnatha

---

Definitions:

Spending Multiplier

The ratio of the change in total output induced by an autonomous change in aggregate spending to the size of that autonomous change.

Output Changes

This term refers to variations in the level of production or output in an economy over a specific period.

Aggregate Demand Curve

A graphical representation showing the relationship between the total demand for all goods and services in an economy and the overall price level.

Expansionary Gap

A situation where the actual level of output in an economy exceeds the potential output level, usually characterized by high demand and inflationary pressures.