Multiple Choice
Which of the following is NOT a simplifying assumption in the simple Keynesian model?
A) Net investment and gross investment are equal.
B) All profits are distributed to the business owners.
C) Real disposable income equals government purchases of goods and services.
D) There is no foreign trade.
Correct Answer:

Verified
Correct Answer:
Verified
Q117: Which one of the following is TRUE?<br>A)
Q118: Thinking as an economist would, which is
Q119: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q120: If the multiplier is 2, the marginal
Q121: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q123: Which of the following statements is TRUE?<br>A)
Q124: If the MPC = 0.8, and planned
Q125: What is the multiplier? How is it
Q126: For an investment to be considered autonomous,
Q127: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above