In the Keynesian framework,as long as output is ________ the equilibrium level,unplanned inventory investment will remain positive and firms will continue to ________ production.
A) below;lower
B) above;lower
C) below;raise
D) above;raise
Correct Answer:
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Q19: Keynes reasoned that consumer expenditure is most
Q20: Everything else held constant,if consumption expenditure increases
Q21: Economists define investment as the purchase of
A)a
Q22: Aggregate demand in an economy with no
Q23: If unplanned investment is positive,firms will _
Q25: A fall in inventories is synonymous with
Q26: In the Keynesian framework,as long as output
Q27: Planned investment spending,a component of aggregate demand,is
Q28: Everything else held constant,if consumption expenditure falls
Q29: In the Keynesian framework,as long as output
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