Which of the Following Statements Is FALSE? Keynesian Economics

question 12

Multiple Choice

Which of the following statements is FALSE? Keynesian economics:

• A)emphasizes the effects of shifts in aggregate demand on aggregate output.
• B)focuses the attention of economists on situations in which the short-run aggregate supply curve slopes upward.
• C)holds "animal spirits" mainly responsible for business cycles.
• D)holds that changes in business confidence have no effect on either the aggregate price level or aggregate output.

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Definitions:

Sleep Apnea

A condition disrupting normal sleep patterns due to interruptions in breathing or instances of light breathing.

Snoring

The hoarse or harsh sound that occurs when air flows past relaxed tissues in the throat, causing the tissues to vibrate during sleep.

Breathing

The process of inhaling oxygen and exhaling carbon dioxide from the atmosphere, essential for life.

Hypnosis

A trance-like state of focused attention, increased suggestibility, and heightened imagination, often used for therapeutic purposes.