Multiple Choice
Which of the following is NOT true regarding the Keynesian model?
A) Aggregate expenditures can be expressed as C + I + G + (X - M) .
B) GDP can be measured as the sum of all spending.
C) The four main types of spending are consumer, investment, government, and net exports.
D) Aggregate spending is always less than aggregate income.
Correct Answer:
Verified
Correct Answer:
Verified
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