Classical Economists Argue That an Increase in Government Expenditures Will

question 49

Multiple Choice

Classical economists argue that an increase in government expenditures will

• A)shift FE line to right increasing full-employment output.
• B)shift FE line to left decreasing full-employment output.
• C)shift FE line to right increasing interest rate.
• D)shift FE line to right decreasing labour supply.

Understand the effects of selective perception, retention, and comprehension on consumer information processing.

Discern the psychological and situational factors influencing consumer decision-making.

Comprehend how consumer behavior theories apply to marketing strategies.

Understand the concept and the historical evolution of the Equity Premium Puzzle.