Multiple Choice
Which of the following would not lower equilibrium GDP in the Keynesian 45° diagram?
A) An increase in household savings
B) A decrease in government expenditure
C) An increase in exports
D) A decrease in investment
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q104: Bandwagon effects and time lags help to
Q105: Which of the following could not be
Q106: According to the equation of exchange, if
Q107: When expectations are rational and there are
Q108: According to real business cycle theory, the
Q110: Which of the following explains why business
Q111: The Keynesian view of the quantity theory
Q112: Assuming there is no government or foreign
Q113: According to the equation for the expectations-
Q114: The rational expectations hypothesis suggests that the