Keynes Thought That One Macroeconomic Problem Is That the Economy

question 36

Multiple Choice

Keynes thought that one macroeconomic problem is that the economy

• A)can tend toward an equilibrium level of output that is below the potential level
• B)tends toward a potential level of output that is below the equilibrium level
• C)makes the potential and equilibrium levels of output equal
• D)can be pushed below the equilibrium level of output by fiscal policy
• E)can be pushed below the potential level of output by fiscal policy

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Definitions:

Pulse Oximetry

A non-invasive method of measuring the oxygen saturation level of the blood, indicating how well oxygen is being sent to parts of the body furthest from the heart.

Chronic Obstructive Pulmonary Disease (COPD)

A group of lung diseases, including emphysema and chronic bronchitis, that block airflow and make breathing difficult.

Recumbent Position

A lying down position in which the individual is on their back, commonly used in medical and therapeutic settings.

Compressions

The act of pressing down on the chest during CPR to maintain blood circulation in a person whose heart has stopped.