The Basic Keynesian Model Shows That,as Far as Their Effects

question 17

Multiple Choice

The basic Keynesian model shows that,as far as their effects on output go,government purchases are _________ from autonomous consumption spending,private-sector investment spending,or net exports.A $10 million increase in government purchases has _________ effect on GDP as a $10 million increase in autonomous consumption,private-sector investment spending,or net exports.

• A) very different;a bigger
• B) no different;the same
• C) very different;a smaller
• D) only a little different;a slightly bigger
• E) only a little different;a slightly smaller

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Definitions:

Gene

A unit of heredity made up of DNA occupying a fixed position on a chromosome, which is responsible for the inherited characteristics in living organisms.

Psychosocial Crises

Critical stages in an individual's life when they face significant challenges that can impact their psychological and social development.

Erikson

Erik Erikson was a developmental psychologist and psychoanalyst known for his theory on the psychosocial development of humans, distinguishing eight stages that span across an individual's lifetime.

Autonomy

Autonomy is the ability or right of individuals to make their own decisions without interference from others, often considered a fundamental aspect of human dignity.