A Criticism of the Monetarist Autonomous Spending Variable Is That

question 32

Multiple Choice

A criticism of the monetarist autonomous spending variable is that

• A)some types of autonomous spending do not affect aggregate demand.
• B)some types of autonomous spending affect aggregate demand before the spending occurs. Some types of autonomous spending affect aggregate demand when they occur.
• C)some types of autonomous spending affect aggregate demand only long after they occur.
• D)Keynesians do not think that autonomous spending affects aggregate demand.

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Definitions:

Process

A series of actions or steps taken in order to achieve a particular end.

13-Inch Rolls

A specification often used in industries such as printing or paper manufacturing, referring to the width of rolls of material.

Constraint

A limitation or restriction within a process or system.

Cutting Pattern

In manufacturing, the arrangement or plan for how parts will be cut from a material to minimize waste and maximize efficiency.