The Total Change in Aggregate Spending Generated by Increased Government

question 104

Multiple Choice

The total change in aggregate spending generated by increased government spending depends on the

• A)Marginal propensity to consume.
• B)Size of the recessionary GDP gap.
• C)AD shortfall.
• D)AD excess.

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Definitions:

Vocabulary Spurt

Also known as a naming explosion; a period of rapid vocabulary learning that occurs from about 16 to 24 months of age.

Cooing

An infant’s repetition of sounds, such as “ahhhh,” “ohhh,” and “eeee,” that begins between 2 and 3 months of age.

Standardized Tests

Exams administered and scored in a consistent manner, designed to measure a test taker's knowledge, skills, or aptitudes in comparison to a normative sample.

Pediatricians

Medical doctors specializing in the physical, emotional, and developmental health of children from infancy through adolescence.