Multiple Choice
In Keynes' analysis of the circular flow, unintended inventories are
A) products produced by business that are recalled due to defects in production.
B) all increases in inventories maintained by businesses.
C) all increases in inventories that result from a surprising decline in sales.
D) all decreases in inventories that result from a surprising increase in sales.
Correct Answer:

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Correct Answer:
Verified
Q4: If the objective of government policy during
Q5: In Keynes' analysis of the circular flow,
Q6: John Maynard Keynes is famous for<br>A) arguing
Q7: Keynes divided spending into four great flows
Q8: Conservatives and Keynesians differ on the appropriate
Q10: Income received by households will be used
Q11: In Keynes' analysis of the circular flow
Q12: Unused savings, as defined in this chapter,
Q13: The wealthy tend to have<br>A) higher average
Q14: Keynes stressed the importance of effective demand,