Multiple Choice
The most important determinant of any multiplier in the Keynesian model is
A) the level of planned investment.
B) the level of unemployment.
C) the marginal propensity to consume.
D) the level of excess demand.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: According to Keynes,the consumption-income relationship is shown
Q12: Discuss the role of the price level
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
Q17: In the Keynesian model,changes in aggregate supply<br>A)are
Q18: Which of the following does not impact
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