Charisse Is of the Opinion That the Interest Rate Depends

question 196

Multiple Choice

Charisse is of the opinion that the interest rate depends on the economy's saving propensities and investment opportunities.Most economists would say that Charisse's opinion is

• A)Keynesian in nature,and that her view is more valid for the long run than for the short run.
• B)classical in nature,and that her view is more valid for the long run than for the short run.
• C)Keynesian in nature,and that her view is more valid for the short run than for the long run.
• D)classical in nature,and that her view is more valid for the short run than for the long run.

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Definitions:

Life Course

An approach in sociology that looks at the social and structural influences on individuals' lives over time, recognizing the ways in which age, context, and historical events shape experiences.

Adult Socialization

The process through which adults learn and internalize the norms, values, and behaviors that are necessary for functioning in their society or specific groups.

Childhood

The period in human life from birth to adolescence, characterized by growth, development, and learning in a family, social, and cultural context.

Agents of Socialization

Individuals, groups, and institutions that play a significant role in integrating individuals into society by teaching social norms, values, behaviors, and skills.