"Animal Spirits" Refers To

Multiple Choice

"Animal spirits" refers to:

A) the stubborn refusal of many economic decision- makers to use rational expectations.
B) the impact of tax- evasion on the budget deficit.
C) the often- observed central banks' refusal to cooperate with the government in setting its monetary policy.
D) movements in investment that cannot be explained by changes in current variables.
E) an exotic alcoholic drink favoured by Wall Street traders.