In the very short term, in the Keynesian model, which of the following is fixed and does not change when GDP changes?
A) planned consumption
B) planned investment
C) planned imports
D) All of the above answers are correct
Correct Answer:
Verified
Q14: The four components of aggregate planned expenditure
Q15: An increase in real GDP leads to
A)
Q16: In the very short term, planned investment
Q17: A consumption function shows a
A) negative (inverse)
Q18: According to the Keynesian theory, the typical
Q20: Which of the following statements is FALSE?
A)
Q21: There is a movement along the consumption
Q22: The slope of the consumption function is
A)
Q23: If real disposable income increases by $1500,
Q24: The consumption function shows how much
A) all
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