In the Keynesian Framework,as Long as Output Is Below the Equilibrium

question 1

Multiple Choice

In the Keynesian framework,as long as output is below the equilibrium level,unplanned inventory investment will remain negative,firms will continue to ________ production,and output will continue to ________.

• A)lower;fall
• B)lower;rise
• C)raise;fall
• D)raise;rise

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Definitions:

Categorisation Theory

A psychological theory that describes how individuals group objects, people, or events into categories based on common attributes or meanings.

Causal Language

Refers to the use of linguistic expressions that denote cause-and-effect relationships.

Geometric Figures

Shapes or forms that are defined in mathematics and geometry, such as circles, squares, and triangles.

Human Properties

Characteristics or attributes that are inherent or typically associated with humans, such as cognitive abilities or emotions.