Exhibit 12-1 -Given the Information in Exhibit 12-1, If Government Purchases Increased

question 180

Multiple Choice

Exhibit 12-1

-Given the information in Exhibit 12-1, if government purchases increased to $300, equilibrium real GDP demanded would increase by

• A)$300
• B)$500
• C)$1,200
• D)$1,500
• E)$2,500

---

Definitions:

Conscious Mind

The aspect of mental processing that involves awareness of thoughts, feelings, and perceptions in the present moment.

Unconscious Mind

The part of the mind that contains thoughts, memories, and desires not immediately accessible to conscious awareness.

Ego

In psychology, it represents the part of the mind that mediates between the conscious and unconscious and is responsible for reality testing and a sense of personal identity.

Superego

Part of the personality in Freudian psychoanalysis comprised of the internalized ideals and moral standards we acquire from parents and society.