Economics for Today 7th Edition by Irvin Tucker

تمرين 3

John Maynard Keynes proposed that the multiplier effect can correct an economic depression. Based on this theory, an increase in equilibrium output would be created by an initial
A) increase in investment.
B) increase in government spending.
C) decrease in government spending.
D) both (a) and (b).
E) both (a) and (c).