Which one of the following describes Keynes's view of investment spending?
A) The level of investment spending does not affect aggregate demand.
B) The level of investment spending does not affect the unemployment rate.
C) Investment spending fluctuates with expectations of profit.
D) The level of investment spending does not depend on interest rates.
Correct Answer:
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Q1: John Maynard Keynes argued that wages
A) should
Q2: Saving is
A) the amount one does not
Q3: Keynes argued that increasing aggregate demand will
Q4: Keynesian economics is
A) the use of government
Q6: Which of the following statements is true?
A)
Q7: Consumption spending
A) does not affect aggregate demand.
B)
Q8: Investment spending is
A) not dependent on taxation
Q9: If a tax cut stimulates investment spending
Q10: Keynesian economics is based on the idea
Q11: Income set aside for a period of
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