Multiple Choice
According to the Keynesian approach, if the level of spending in an economy were $5.5 trillion and the level of output were $5.3 trillion:
A) nonincome-determined spending would be $0.2 trillion.
B) total income-determined spending would be $5.5 trillion.
C) injections into the spending stream would be $0.2 trillion.
D) injections into the spending stream would exceed leakages by $0.2 trillion.
Correct Answer:

Verified
Correct Answer:
Verified
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