Reducing the interest rate, ceteris paribus, is likely to reduce the level of planned investment spending.
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Q195: Keynes used the phrase animal spirits to
Q196: Refer to the information provided in Figure
Q197: Firms' investments include inventories.
Q198: Firms react to an unplanned inventory investment
Q199: If planned investment is _ to changes
Q201: If aggregate output is greater than planned
Q202: The economy can be in equilibrium if,
Q203: Refer to the information provided in Table
Q204: If unplanned inventory investment is positive, then
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Q205: If aggregate output equals planned aggregate expenditure,
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