In the very short term, planned investment _ when GDP changes and planned consumption expenditure _ when GDP changes.
A) does not change; changes
B) changes; changes.
C) changes; does not change
D) does not change; does not change
Correct Answer:
Verified
Q11: Saving equals
A) disposable income minus taxes.
B) disposable
Q12: Disposable income is equal to
A) aggregate income
Q13: In the very short run, the components
Q14: The four components of aggregate planned expenditure
Q15: An increase in real GDP leads to
A)
Q17: A consumption function shows a
A) negative (inverse)
Q18: According to the Keynesian theory, the typical
Q19: In the very short term, in the
Q20: Which of the following statements is FALSE?
A)
Q21: There is a movement along the consumption
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