Multiple Choice
The order for the chain of events for the Keynesian model is for a change in ________ to lead to a change in ________,which is then multiplied resulting in a change in ________.
A) investment; animal spirits; the price level
B) business confidence; investment; real GDP
C) the Fed's intermediate targets; the Fed's goals; real GDP
D) real GDP; income; consumption
Correct Answer:
Verified
Correct Answer:
Verified
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