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:

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The process of selecting among several options or making a decision in a given context.

Weighed

Considered carefully by comparing the relative importance or consequences of different factors or options.

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Data or facts that are accurate, trustworthy, and dependable, contributing effectively to decision-making or knowledge.

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The process of managing potential threats and uncertainties to minimize their impact on objectives.