His analysis started with the recognition that the total quantity demanded of an economy's output was the sum of four types of spending: consumer expenditure,planned investment spending,government spending,and net exports.
A) John Maynard Keynes
B) Sir John Hicks
C) Milton Friedman
D) Paul A. Samuelson
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Q7: If the consumption function is expressed as
Q8: If the consumption function is C =
Q9: If the consumption function is expressed as
Q10: Everything else held constant,if total consumption increases
Q11: Keynes's motivation in developing the aggregate output
Q13: In the simple Keynesian model,equilibrium aggregate output
Q14: Under Keynesian analysis,aggregate demand can be written
Q15: Assume that autonomous consumption equals $200 and
Q16: If the consumption function is C =
Q17: Keynes was especially interested in explaining movements
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