Multiple Choice
Which of the following does not impact aggregate demand in the Keynesian model?
A) Changes in the supply of labor
B) Net exports
C) Household consumption
D) Desired business investment demand
E) Government purchases of goods and services
Correct Answer:
Verified
Correct Answer:
Verified
Q13: An increase in the interest rate leads
Q14: Which of the following statements is (are)incorrect?<br>A)Consumption
Q15: Assuming that C + I + G
Q16: The most important determinant of any multiplier
Q17: In the Keynesian model,changes in aggregate supply<br>A)are
Q19: Which of the following are equilibrium conditions
Q20: Keynes believed that the instability in income
Q21: An increase in the interest rate<br>A)reduces planned
Q22: In the simple Keynesian model,equilibrium exists when<br>A)actual
Q23: In the equation Y = (1/1 -