Leakages include
A) Business saving.
B) Exports.
C) Government spending.
D) Inventories.
Correct Answer:
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Q14: The disposable income consumers receive is equal
Q15: According to the Keynesian view of the
Q16: John Maynard Keynes argued that
A)Macro failure is
Q17: If injections exceed leakages,
A)Unemployment will rise.
B)Prices will
Q18: The critical issue of macro instability,when there
Q20: Classical economists concluded that
A)Spending leakages exceed spending
Q21: The marginal propensity to consume is
A)Total consumption
Q22: The formula for the multiplier is
A)1/(1 -
Q23: The marginal propensity to consume is
A)That part
Q24: When unwanted inventories pile up in retail
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