Figure 27-2 -Refer to Figure 27-2.In the Dynamic Model of AD-AS in Model

question 28

Multiple Choice

Figure 27-2

-Refer to Figure 27-2.In the dynamic model of AD-AS in the figure above,if the economy is at point A in year 1 and is expected to go to point B in year 2,Congress and the president would most likely

• A) decrease government spending.
• B) increase government spending.
• C) increase oil prices.
• D) increase taxes.
• E) lower interest rates.

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Definitions:

Multi-task

The ability to handle more than one task simultaneously, often requiring quick switching between tasks.

Careless and Irresponsible

Exhibiting a lack of concern or attention to duties and obligations, often resulting in harm or risk.

Conscientiousness

A personality trait characterized by diligence, carefulness, and the desire to do a task well, often associated with high levels of responsibility.

Big Five Personality Traits

are five broad dimensions of personality used to describe human character traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.