In the Simple Keynesian Model,the Only Two Things You Can

question 25

Multiple Choice

In the simple Keynesian model,the only two things you can do with your income are:

• A) pay taxes and spend it.
• B) spend it and save it.
• C) spend it and invest it.
• D) save it and give it.

---

Definitions:

Social Identity Theory

The theory that people classify themselves and others into various social categories, such as vocational, religious, or familial affiliations, influencing their behaviors and perceptions.

Infrahumanization

The tendency to view and treat outgroup members as less human or possessing fewer human qualities compared to ingroup members.

Willingness to Help

A predisposition or readiness of individuals to assist others in need, often considering factors like empathy and moral principles.

Outgroup

A group to which an individual does not belong, often used in contrast with the "ingroup," or the group to which a person perceives they belong.