According to Keynesian Theory

question 90

Multiple Choice

According to Keynesian theory:

• A) the long-run and short-run aggregate supply curves are identical.
• B) a decrease in aggregate demand leads to decreases in output and prices in the short run.
• C) a decrease in aggregate demand will decrease prices but not output in the short run.
• D) the short run is relatively unimportant.

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Definitions:

Meiosis

A form of cellular division that halves the number of chromosomes, thereby creating four unique haploid gametes.

Sexual Reproduction

A biological process that creates a new organism by combining the genetic material of two organisms.

Asexual Reproduction

A mode of reproduction involving only one parent that results in offspring genetically identical to the parent, occurring without the fusion of gametes.

Crossing Over

Crossing over is a genetic process that occurs during meiosis where homologous chromosomes exchange segments, leading to genetic diversity in gametes.