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    Principles of Money Banking
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    Exam 23: The Keynesian Framework
  5. Question
    In a Simple Keynesian Model, a Decrease in Income Leads
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In a Simple Keynesian Model, a Decrease in Income Leads

Question 69

Question 69

Multiple Choice

In a simple Keynesian model, a decrease in income leads to a decrease in


A) consumption.
B) investment.
C) the price level.
D) the money supply.

Correct Answer:

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