-Refer to the above figure. Which variable is autonomous with respect to real GDP?
A) Real saving
B) Real investment spending
C) Real consumption spending
D) The sum of real consumption and real saving
Correct Answer:
Verified
Q283: Real planned investment spending is inversely related
Q287: All of the following would cause the
Q291: Using real GDP on the horizontal axis
Q295: The investment function intersects the saving schedule
Q301: When graphing the consumption function, we include
Q305: The 45-degree reference line indicates all points
Q310: Investment is
A) a positive function of real
Q317: In the Keynesian model, whenever planned saving
Q318: In the Keynesian model, whenever planned saving
Q319: In the Keynesian model, whenever planned investment
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