Keynes Believed That Changes in Autonomous Spending Were Dominated by Unstable

question 53

Multiple Choice

Keynes believed that changes in autonomous spending were dominated by unstable fluctuations in ________,which are influenced by emotional waves of optimism and pessimism-factors he referred to as "animal spirits."

• A)unplanned investment spending
• B)actual investment spending
• C)planned investment spending
• D)autonomous consumer expenditures

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Definitions:

Organizational Buyers

These are entities such as businesses, governments, and institutions that purchase goods and services for use in their own operations, for resale, or for manufacturing other products.

Electronic Exchange

A digital marketplace where buyers and sellers trade goods, services, or securities via electronic systems.

Specialty Electronics Stores

Retail outlets focused on selling specific or high-end electronic goods and gadgets to a niche market.

Indirect Marketing Channel

A pathway for selling products or services that involves intermediaries or middlemen between the producer and the consumer.