Use the Following to Answer Questions

question 152

Multiple Choice

Use the following to answer questions :
Figure: Classical Versus Keynesian Macroeconomics
-(Figure: Classical Versus Keynesian Macroeconomics) Look at the figure Classical Versus Keynesian Macroeconomics. According to the Keynesian view, if this economy shifts from AD₁ to AD₂ because of a large decline in investment spending by businesses, the price level will _____, but real GDP will _____.

• A)increase; decrease
• B)not change; increase
• C)increase; not change
• D)decrease; decrease

---

Definitions:

Scots

People originating from Scotland, a country in the northern part of the United Kingdom, known for its rich history and distinct cultural heritage.

Pietism

A movement within Lutheranism that began in the 17th century, focusing on personal faith, the need for a 'new birth', and the importance of a devout and pious life.

Evangelization Process

The spreading of the Christian gospel by public preaching or personal witness, often associated with missionary work.

Cotton Mather

A New England Puritan minister, prolific author, and pamphleteer, best known for his role in the Salem witch trials in the late 17th century.