Which of the Following Statements Is True

question 137

Multiple Choice

Which of the following statements is true?

• A) To a large degree,Keynesians focus on the spending components of total expenditures when they seek to understand what determines GDP; monetarists focus on the money supply and velocity when their objective is the same.
• B) To a large degree,monetarists focus on the spending components of total expenditures when they seek to understand what determines GDP; Keynesians focus on the money supply and velocity when their objective is the same.
• C) Both Keynesians and monetarists focus on the spending components of total expenditures when they seek to understand what determines GDP; neither group focuses on the money supply and velocity.
• D) Neither Keynesians nor monetarists focus on the spending components of total expenditures when they seek to understand what determines GDP; both focus on the money supply and velocity.

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Definitions:

Psychologist

A professional trained in the science of behavior and mental processes, often providing services in therapy, research, or education.

Heredity

The passing of traits from parents to their offspring through genes.

Environment

The surroundings or conditions in which a person, animal, or plant lives or operates.

Behavior

The actions or reactions of a person or animal in response to external or internal stimuli.