Which of the Following Statements Represents a Correct and Sequentially

question 48

Multiple Choice

Which of the following statements represents a correct and sequentially accurate economic explanation?

• A) If government purchases rise,total expenditures on goods and services rises,and the AD curve shifts leftward.
• B) If government purchases rise,total expenditures on goods and services rises,and the AD curve shifts rightward.
• C) If consumption rises,total expenditures on goods and services rises,and the AD curve shifts rightward.
• D) If consumption rises,total expenditures on goods and services rises,and the quantity demanded of Real GDP rises.
• E) b and c

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Definitions:

Secondary Socialization

The process of learning appropriate behavior within smaller sections of the larger society, occurring outside the family through institutions like schools and media.

Specific Groups

Groups identified or formed based on particular criteria or characteristics such as interests, identities, or goals.

Birth Cohort

All of the people who are born during a given period of time and therefore experience historical events at the same points in their lives.

Internet-Use

The ways in which individuals or groups utilize the internet for various activities including communication, information seeking, entertainment, and e-commerce.