Multiple Choice
Income has risen in the simple Keynesian model.This could be the result of:,
A) an equal increase in government spending and taxes.
B) an increase in unplanned investment.
C) an increase in taxes
D) a decrease in autonomous consumption.
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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 -
Q24: The short-run refers to a period<br>A)of a
Q25: In the simple Keynesian model (no money
Q27: In the Keynesian model,exogenous variables include<br>A)planned investment.<br>B)taxes.<br>C)planned
Q28: Total planned expenditure is composed as<br>A)planned investment.<br>B)planned
Q29: Compared to the closed economy Keynesian model,the
Q30: If the government decreases spending and taxes
Q31: The Keynesian explanation of the Great Depression