At a Level of Output Equal to the Economy's Potential,the

question 66

True/False

At a level of output equal to the economy's potential,the simple spending multiplier in the long run equals one.

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Definitions:

Anticipatory Goal Response

A reaction that occurs when an individual anticipates achieving a goal, motivating behaviors toward goal attainment.

Deprivation

The state of lacking or being denied something considered to be a necessity.

Internal Drive State

An individual's internal condition or motivation that propels them towards certain actions or goals.

Goal Object

An entity or target that a person or system aims to achieve or obtain, central to motivation and action planning.