Which of the Following Would Increase Output in the Short

question 110

Multiple Choice

Which of the following would increase output in the short run?

• A)an increase in stock prices makes people feel wealthier
• B)government spending increases
• C)firms chose to purchase more investment goods
• D)All of the above are correct.

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Definitions:

Blank Slate

The theory that individuals are born without built-in mental content, and all knowledge comes from experience or perception.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, a concept typically developed during infancy.

Piaget's Theory

A theory of cognitive development that outlines how children's abilities to think and reason progress through several stages from infancy to adolescence.

Cognitive Development

The development and transformation in cognitive skills, which include the ability to think, reason, and comprehend.