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According to the Keynesian Approach, If the Level of Spending

Question 146

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.

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