A 2009 Article in the Economist Noted That

question 59

Multiple Choice

A 2009 article in The Economist noted that

• A)recent research has allowed economists to estimate the values of fiscal multipliers with a great deal of precision.
• B)research on multipliers indicates that multipliers for permanent tax cuts tend to be smaller than multipliers for temporary tax cuts.
• C)most of the evidence on multipliers for government spending is based on changes in military expenditures.
• D)All of the above are correct.

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Definitions:

Self-Centered And Narcissistic

Characteristics of an individual who is excessively preoccupied with themselves, lacking empathy and consideration for others.

21st Century

The current century, spanning from the year 2001 to 2100.

Set Like Plaster

A theory suggesting that personality traits become fixed and less susceptible to change after a certain age.

Personality Development Research

The study of how personality traits and characteristics evolve and change over the course of a person's life.