Multiple Choice
Because the private and foreign sectors of the economy were in a deep slump during the Great Depression in the 1930s, Keynes suggested an increase in:
A) investment spending.
B) government spending.
C) consumption spending.
D) import spending.
Correct Answer:

Verified
Correct Answer:
Verified
Q73: (Graph: Consumption) Based on the information provided
Q74: If you spend $100 and the MPC
Q75: If income is $50,000, consumption is $47,500,
Q78: (Figure: Consumption Spending) At point A in
Q79: The idea of the spending multiplier is
Q118: Aggregate expenditures are equal to consumption plus
Q146: Exports are _ of spending into (from)
Q155: Injections in the simple Keynesian model are
Q157: The largest component of aggregate expenditures is<br>A)
Q190: When the consumption schedule lies below the