Examlex
A change in government transfers shifts the aggregate demand curve by more than a change in government spending for goods and services and has a larger effect on real GDP.
Exogenous Factors
External influences that impact behavior or development, originating from outside the organism.
Validity
Refers to the degree to which a test or instrument measures what it claims to measure.
Reliability
The degree to which an assessment tool produces stable and consistent results over time.
Public Policies
Governmental laws and programs designed to promote the welfare of children and families.
Q13: (Figure: Planned Aggregate Expenditures Curve II)Use Figure:
Q111: If the economy is at equilibrium below
Q117: In the short run,a positive demand shock
Q118: A budget deficit necessarily indicates that fiscal
Q143: Before confederation,coins from many European countries were
Q152: The marginal propensity to consume is the
Q208: Changes in the budget balance may be
Q218: The multiplier effect of changes in government
Q221: An increase in investment spending leads to
Q306: A positive short-run aggregate supply shock increases