What Is the Underlying Assumption of the Original, Simplified Keynesian

question 141

Multiple Choice

What is the underlying assumption of the original, simplified Keynesian model?

• A) The relevant range of the short-run aggregate supply curve (SRAS) is vertical.
• B) The relevant range of the aggregate supply curve (AS) is vertical.
• C) The relevant range of the short-run aggregate supply curve (SRAS) is horizontal.
• D) The relevant range of the long-run aggregate supply curve (LRAS) is horizontal.

---

Definitions:

Malintzin

Also known as La Malinche, she was an Indigenous woman who played a crucial role as an interpreter, advisor, and intermediary for the Spanish conqueror Hernán Cortés during the Spanish conquest of Mexico.

Greater Antilles

The Greater Antilles is a grouping of the larger islands in the Caribbean Sea, including Cuba, Jamaica, Hispaniola (Haiti and the Dominican Republic), and Puerto Rico.

Encomiendas

A Spanish colonial practice that granted colonists the right to demand tribute and labor from indigenous peoples in the Americas, effectively a form of forced labor and enslavement.

Conversion Efforts

Attempts to change a person's religious beliefs to a different religion, often associated with historical missionary work and contemporary religious movements.