If an increase in the level of investment by firms results in disequilibrium between injections and withdrawals in the circular flow model:
A) GDP will increase and withdrawals will decrease until J = W
B) GDP will increase and withdrawals will also increase until J = W
C) GDP will decrease and withdrawals will increase until J = W
D) GDP will decrease and withdrawals will also decrease until J = W
Correct Answer:
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Q1: The portion of unemployment that is due
Q3: The ratio of the change in the
Q4: The fraction of a change in income
Q5: Which of the following is NOT a
Q6: The MPW is:
A) the ratio of income
Q7: When the aggregate expenditure curve is above
Q8: If an economy's MPC is 0.7, then
Q9: Which of the following is NOT a
Q10: Structural unemployment is the:
A) unemployment that results
Q11: If an economy's MPC is 0.8, then
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