The Keynesian cross was developed by:
A) John Maynard Keynes.
B) Paul Samuelson.
C) Adam Smith.
D) Robert Heilbroner.
Correct Answer:
Verified
Q88: The slope of the consumption function equals
Q89: Whenever planned aggregate spending exceeds real GDP,
Q90: Aggregate spending increases when:
A) unplanned investment spending
Q91: Planned aggregate expenditures are represented by a
Q92: The slope of the planned aggregate spending
Q94: At the income-expenditure equilibrium, _ is zero.
A)
Q95: Income-expenditure equilibrium occurs when:
A) real GDP equals
Q96: An unplanned fall in inventories leads to:
A)
Q97: Whenever real GDP exceeds planned aggregate spending:
A)
Q98: In an economy without government purchases, government
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