Use the Following to Answer Questions

question 75

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 classical view, if this economy shifts from AD₂ to AD₁, perhaps because of a large increase in government spending, the price level will _____ and real GDP will _____.

• A)rise; fall
• B)rise; not change
• C)not change; rise
• D)fall; fall

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Definitions:

Older Adults

Individuals who are in the later stages of life, typically categorized as being 65 years of age or older, experiencing various biological, psychological, and social changes.

Psychological Problems

Psychological Problems encompass a range of mental health issues that affect a person’s thinking, feeling, behavior, and overall functioning.

Social Networks

Platforms or structures that enable individuals or organizations to connect, share, and interact online or offline.

Anxiety Disorders

Anxiety Disorders are a group of mental health disorders characterized by significant feelings of anxiety and fear, affecting one's ability to lead a normal life.