In the Keynesian View,the Volatility of Investment Is Primarily Due

question 5

Multiple Choice

In the Keynesian view,the volatility of investment is primarily due to

• A) technological advancements
• B) waves of productivity change
• C) "creative destruction": new industries destroying old ones
• D) "animal spirits": unpredictable episodes of optimism and pessimism
• E) erratic monetary policy by the central bank

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Definitions:

Observes Behavior

The act of watching and noting the actions or reactions of individuals or groups in order to gather data about specific, often psychological, phenomena.

Variable Interval

In the context of schedules of reinforcement in behaviorism, refers to a reinforcement schedule where responses are rewarded after a variable amount of time has passed.

Praise

The act of expressing approval or commendation; an important tool in reinforcing positive behavior and achievements.

Recognition

The act of acknowledging or appreciating someone's work, achievements, or qualities.