"Demand-Side Fiscal Policy Is Capable of Changing Real GDP

question 89

Multiple Choice

"Demand-side fiscal policy is capable of changing Real GDP." This statement would be most likely to be said by an economist who believes that

• A) the AS curve is vertical.
• B) the AS curve is upward sloping.
• C) complete crowding out exists.
• D) there is little,if any,crowding out.
• E) b and d

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Definitions:

Independent Variables

are variables in an experiment that are manipulated or controlled by the experimenter to investigate their effect on dependent variables.

Independent Variables

In an experiment, these are variables manipulated by the researcher to observe how they affect the dependent variable.

Typing Speed

A measurement of how many words or characters one can type in a set amount of time, often gauged in words per minute (WPM).

Keyboard Design

The arrangement and layout of keys in a keyboard, which includes considerations of ergonomics, usability, and efficiency for typing.