Essay
Suppose the economy has more saving than investment.In the simple Keynesian model,how would the economy achieve equilibrium,assuming that desired investment is fixed?
Correct Answer:

Verified
If there is more saving than investing,t...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q5: If the marginal propensity to consume is
Q27: In Keynesian macroeconomic equilibrium, pressures on the
Q48: Tax changes generally have less of an
Q79: Negative saving, by definition, is impossible.
Q112: If the marginal propensity to consume is
Q115: Spending by federal,state,and local government has grown
Q116: Firms decide how much to invest by
Q168: Suppose the marginal propensity to consume in
Q190: John Maynard Keynes advised U.S. President Franklin
Q209: The multiplier for imports is larger than