According the Traditional Keynesian Approach, an Increase in Government Spending

question 220

Multiple Choice

According the traditional Keynesian approach, an increase in government spending is effective in raising real Gross Domestic Product (GDP) if

• A) the price level is fixed.
• B) the price level is flexible.
• C) the price level does not exist.
• D) Ricardian equivalence occurs, regardless of the price level.

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Definitions:

Operant

In Skinner’s system, an instrumental response that is defined by its effect (the way it operates) on the environment.

Swallowing

The process by which food or liquid is moved from the mouth through the pharynx and into the esophagus.

Red Traffic Light

A signaling device at road intersections, pedestrian crossings, and other locations to control traffic, indicating vehicles must stop.

Emitted Behaviors

Actions or responses that are not directly elicited by external stimuli but are voluntarily produced by the organism.