Fiscal Policy Actions That Are Intended to Have Long-Run Effects

question 297

Multiple Choice

Fiscal policy actions that are intended to have long-run effects on real GDP attempt to increase ________ through changing ________.

• A)aggregate demand; government spending
• B)aggregate supply; taxes
• C)aggregate demand; taxes
• D)aggregate supply; government spending

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Definitions:

Biological Approaches

The study of psychological mechanisms and behavior from a biological perspective, focusing on genetics, neuroscience, and evolutionary processes.

SSRIs

Selective Serotonin Reuptake Inhibitors are a class of drugs commonly prescribed for depression and anxiety disorders, working by increasing serotonin levels in the brain.

Major Tranquilizers

A class of medication used mainly to treat psychosis by reducing psychotic symptoms.

Echolalia

The repetition of words or phrases spoken by others, often observed in individuals with autism spectrum disorder and other developmental conditions.