Business, 14.04.2020 22:47, xaniawashington
According to the Keynesian-cross analysis, when there is a shift upward in the government-purchases schedule by an amount DG and the planned expenditure schedule by an equal amount, then equilibrium income rises by:
A) one unit
B) ▲G
C) ▲G divided by the quantity one minus the marginal propensity to consume
D) ▲G multiplied by the quantity one plus the marginal propensity to consume
Answers: 3
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According to the Keynesian-cross analysis, when there is a shift upward in the government-purchases...
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