The "equilibrating mechanism," the reason the economy tends toward equilibrium in the simple Keynesian model,is primarily
A) autonomous but flexible prices.
B) production responses to unplanned inventory changes.
C) exogenous inventory changes.
D) endogenous price changes.
Correct Answer:
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Q60: Total income is always equal to _
Q61: In 2005 real personal saving has decreased
Q62: Figure 3-6 Q63: A 45-degree line on a graph with Q64: When an economy is in equilibrium, Q66: If Ep is 3500 and Y is Q67: Figure 3-6 Q68: When an economy is not in equilibrium, Q69: If planned autonomous investment is 500,autonomous consumption Q70: Figure 3-5 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
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A)planned expenditures
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A)planned
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