In Order to Predict Changes in Aggregate Demand,it Must Be

question 44

Multiple Choice

In order to predict changes in aggregate demand,it must be possible to forecast

• A)changes in the demand for investment goods.
• B)changes in the demand for consumer goods.
• C)changes in the demand for money.
• D)All of the choices are correct.

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Definitions:

Clayton Alderfer

An American psychologist known for developing the ERG theory, which categorizes human needs into existence, relatedness, and growth categories.

David McClelland

A psychologist known for developing the theory of needs, which includes the needs for achievement, power, and affiliation, influencing the understanding of motivation.

Frederick Herzberg

An American psychologist best known for introducing job enrichment and the Motivator-Hygiene theory, also known as the Two-Factor Theory of motivation.

Maslow's Hierarchy

A psychological health theory based on meeting inherent human needs in order of importance, leading to the ultimate goal of self-actualization.