Which of the Following Statements Is False

question 184

Multiple Choice

Which of the following statements is false?

• A) Keynesians would not advocate an expansionary monetary policy to eliminate a recessionary gap if they believed that investment demand was interest-insensitive.
• B) Keynesians would not advocate an expansionary monetary policy to eliminate a recessionary gap if they believed the money market was in the liquidity trap.
• C) Keynesians would advocate an expansionary monetary policy to eliminate a recessionary gap if they believed investment spending was insensitive to changes in the interest rate.
• D) Keynesians believe that money wages are inflexible in the downward direction.

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Equity Principle

A concept in organizational psychology and management that suggests fair treatment and rewards for employees, based on their contributions and efforts.

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Goal accomplishment is the successful achievement of a set goal or objective, often resulting in a sense of satisfaction and progress.

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A process in which information about actions, performance, or behavior is given to individuals or groups to use as a basis for improvement or development.

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The method of pinpointing objectives that are specific, measurable, attainable, relevant, and time-oriented.