For Keynes, Changes in Aggregate Demand Had Their Greatest Impact

question 148

Multiple Choice

For Keynes, changes in aggregate demand had their greatest impact:

• A)on the aggregate price level.
• B)in the long run.
• C)on the aggregate output level.
• D)equally on the aggregate output level and the aggregate price level.

---

Definitions:

High Self-esteem

A positive and confident evaluation of oneself and one's abilities.

Self-evaluation

The process of examining one's own performance or qualities, often to identify areas for improvement.

Behavioural Plasticity

The capacity of an individual to change or adapt their behavior in response to changing environmental conditions or experiences.

External Influences

refers to factors outside an organization that can affect its operations and success, such as economic conditions, regulation, and competition.