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The Figure Given Below Shows the Macroeconomic Equilibria of a Country

question 67

Multiple Choice

The figure given below shows the macroeconomic equilibria of a country.
Figure 11.1
The figure given below shows the macroeconomic equilibria of a country. Figure 11.1    -Refer to Figure 11.1. If the economy is in equilibrium at point C, then, other things equal, an increase in government spending will: A)  decrease the price level. B)  lower real GDP and leave the price level unchanged. C)  lower real GDP and increase the price level. D)  increase the price level and leave real GDP unchanged. E)  have no effect on real GDP or the price level.
-Refer to Figure 11.1. If the economy is in equilibrium at point C, then, other things equal, an increase in government spending will:

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Definitions:

Radical Behaviorists

Psychologists who emphasize the study of observable behaviors and reject the notion that internal thoughts or feelings can be scientifically studied.

Observable Behaviors

Actions and reactions of individuals that can be seen and measured in a concrete way, often used in behavioral studies.

Social Behaviorists

Scholars or practitioners who study how social environments and interactions influence behavior, emphasizing the role of learning and adaptation.

Radical Behaviorists

Scholars who adhere to a strict form of behaviorism, emphasizing observable behaviors over internal phenomena like thoughts or emotions.

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