True/False
In the Keynesian model, if leakages from the spending stream are greater than injections, total output will decrease.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q170: Using the Keynesian approach, if total spending
Q171: According to the new classical approach to
Q172: In the new classical model, aggregate supply
Q173: The classical economists assumed that savings leakages
Q174: Under the Keynesian system, government intervention in
Q176: The Phillips curve that shows a tradeoff
Q177: Classical economics holds that a market economy
Q178: The theory that supply creates its own
Q179: After reading Application 9.2, "The Academic Scribblers,"one
Q180: Using the Keynesian approach, an economy with