In the very short term, in the Keynesian model, which of the following is fixed and does not change when GDP changes?
A) planned investment
B) planned consumption
C) planned imports
D) All of the above answers are correct.
Correct Answer:
Verified
Q1: Disposable income is
A) income minus saving.
B) income
Q2: The consumption function relates consumption expenditure to
A)
Q3: The Keynesian model of aggregate expenditure assumes
Q4: In the very short term, planned investment
Q6: An increase in real GDP leads to
A)
Q7: In the Keynesian model of aggregate expenditure,
Q8: Which of the following statements is FALSE?
A)
Q9: Consumers divide disposable income into
A) consumption and
Q10: The Keynesian model of aggregate expenditure describes
Q11: Real GDP
A) is always greater than aggregate
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents