In the sticky-price model, the consequences of a decrease in the marginal propensity to consume include each of the following except
A) a decrease in consumption spending.
B) a decrease in production.
C) an increase in investment spending.
D) a decrease in real GDP.
Correct Answer:
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Q18: In the sticky-price model, the consequences of
Q19: In the sticky-price model, a decrease in
Q20: In the short-run, each of the following
Q21: In the long-run, each of the following
Q22: Each of the following is a possible
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