Which of the Following Is True of the Simple Keynesian

question 23

Multiple Choice

Which of the following is true of the simple Keynesian model?

• A)Price level increases with increase in aggregate demand
• B)The aggregate supply curve is assumed to be perfectly inelastic
• C)The aggregate demand curve is assumed to perfectly elastic
• D)Price level is solely determined by the aggregate demand curve
• E)Changes in aggregate demand determine equilibrium real GDP

---

Definitions:

Frustration Tolerance

An individual's capacity to withstand frustration without exhibiting negative emotions or behaviors.

Narcissism

A personality trait that is volatile, comprising self-love and an inflated or grandiose view of oneself.

Child Abuse

Acts of physical, emotional, or sexual mistreatment or neglect of a child by a caregiver or responsible person.

High Self-Esteem

A positive or favorable perception of oneself, reflecting a person's overall subjective emotional evaluation of their own worth.