Multiple Choice
According to Keynes,changes in "animal spirits" will affect actual output through changes in:
A) business investment spending.
B) government expenditure and taxes.
C) money supply and interest rates.
D) labour productivity and technological progress.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: According to classical economists, the aggregate supply
Q15: The macroeconomic theory stating that because workers
Q38: If wages and prices are perfectly flexible,
Q67: The political business cycle does NOT imply
Q75: In the classical model, an increase in
Q162: Classical macroeconomists focused on the long-run effects
Q264: Macroeconomic policy activism:<br>A) is the use of
Q267: Use the following to answer questions: <img
Q270: Using increased government spending and tax cuts
Q271: Most economists now agree that:<br>A) the government