If unplanned investment is positive,firms will ________ production and output will ________.
A) cut;rise
B) cut;fall
C) increase;rise
D) increase;fall
Correct Answer:
Verified
Q18: Everything else held constant,if disposable income increases
Q19: Keynes reasoned that consumer expenditure is most
Q20: Everything else held constant,if consumption expenditure increases
Q21: Economists define investment as the purchase of
A)a
Q22: Aggregate demand in an economy with no
Q24: In the Keynesian framework,as long as output
Q25: A fall in inventories is synonymous with
Q26: In the Keynesian framework,as long as output
Q27: Planned investment spending,a component of aggregate demand,is
Q28: Everything else held constant,if consumption expenditure falls
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