Replacing the Simple Keynesian Consumption Function with the Function Based

question 90

Multiple Choice

Replacing the simple Keynesian consumption function with the function based on the permanent-income hypothesis results in a ________ short-run multiplier,implying a ________ stable private economy.

• A)higher,more
• B)higher,less
• C)lower,more
• D)lower,less

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Definitions:

Brain Circuits

Networks of neurons in the brain that work together to control specific functions, including thoughts, emotions, and behaviors.

Genetic Mutations

Changes in the DNA sequence that can lead to variations in gene function and may result in diverse health conditions or traits.

Synapses

The junctions through which neurons communicate with each other or with muscles or glands, using chemical and electrical signals.

Neuron

A nerve cell that is the basic building block of the nervous system, responsible for transmitting information throughout the body.