Multiple Choice
Which equation is NOT true at equilibrium in the simple Keynesian model?
A) I = S
B) AE > Y
C) Y = C + S
D) AE = C + I
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: The balanced- budget multiplier equals 1.
Q56: If income is $22,150 and taxes are
Q57: The multiplier works for increases in spending
Q58: In the simple Keynesian model with no
Q59: In the simple Keynesian model, if people
Q60: If income rises from $10,000 to $20,000
Q62: If income is $3,000 and savings is
Q63: From year to year, consumption fluctuates more
Q64: The reason business investment is sensitive to
Q66: (Figure: Simple Keynesian Model) Based on the