Multiple Choice
A key element of Keynesian analysis relates to:
A) policies to reduce the difference between planned and actual spending and investment
B) using taxation as a means to influence the interest rate in an economy.
C) The similarities between short term fluctuations in macroeconomic variables and how they behave in the long run
D) the distinction between planned spending and investment and actual spending and investment
Correct Answer:
Verified
Correct Answer:
Verified
Q3: If the economy was in equilibrium where
Q4: The slope of the IS curve is
Q5: Refer to figure 2 below. Which of
Q6: If a central bank wants to reduce
Q7: What did Keynes mean by an inflationary
Q9: Which of the following will generate a
Q10: Which of the following statements about the
Q11: Keynes believed that a key element of
Q12: Figure 4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7553/.jpg" alt="Figure 4
Q13: IS stands for:<br>A) Investment and Spending<br>B) Imports