Which of the Following Is a True Statement

question 117

Multiple Choice

Which of the following is a true statement?

• A) A decrease in aggregate demand was not possible according to the classical economists but was possible according to Keynes.
• B) A decrease in aggregate demand has no short-run effects according to the classical economists but had significant effects according to Keynes.
• C) Classical economists believed real GDP adjusted more than prices when aggregate demand fell, while Keynes argued that prices adjusted more than output.
• D) Classical economists believed price adjusted more than output when aggregate demand fell, while Keynes argued real GDP adjusted more than prices.

Understand the difference between schizotypal personality disorder and other personality disorders.

Recognize the role of unusual beliefs and odd cognition in schizotypal personality disorder.

Assess the impact of childhood experiences on the development of schizotypal personality disorder.

Explain the significance of brain dysregulation in schizotypal and borderline personality disorders.

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Definitions:

Supply and Demand

An economic model explaining how the price and quantity of goods and services are determined in a market.

Rent

A periodic payment made for the use of land or a building to the owner by the tenant.

Wages

Payments made to workers for their labor, typically calculated on an hourly, daily, or piecework basis.

Frank Knight

An influential economist known for his work on risk, uncertainty, and the role of entrepreneurship in economic theory.