An Aide to a U

question 115

Multiple Choice

An aide to a U.S.Senator computes the effect on aggregate demand of a $20 billion tax cut.The actual increase in aggregate demand is less than the aide expected.Which of the following errors in the aide's computation would be consistent with an overestimation of the impact on aggregate demand?

• A) The actual MPC was larger than the MPC the aide used to compute the multiplier.
• B) The aide thought the tax cut would be permanent,but the actual tax cut was temporary.
• C) The increase in income shifted money demand less than the aide had anticipated.
• D) The increase in income resulted in investment rising more than the aide had anticipated.

Understand the purpose and function of public key cryptography in secure transactions.

Compare and contrast the functionalities of digital payment services.

Recognize different types of e-commerce websites and their purposes.

Identify and understand online security threats such as phishing.

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Definitions:

Carl Rogers

A prominent psychologist known for developing client-centered therapy and emphasizing the importance of unconditional positive regard.

How Did That Make

This does not appear to represent a recognized key term within psychological or scientific disciplines.

William James

An American philosopher and psychologist, often referred to as the father of American psychology, who was a leading thinker of the late nineteenth century.

Feel

To experience a sensation, emotion, or a certain way of perceiving something.