
When drawn against current income,the slope of the Cd (r) + Id (r) + G curve is equal to the marginal
A) product of capital.
B) product of labour.
C) propensity to consume.
D) propensity to save.
E) benefit from investment.
Correct Answer:
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Q44: In response to a temporary increase in
Q45: The output demand curve shows the
A) positive
Q46: Multipliers above 1 occur in models that
Q47: When drawn against the real interest rate,the
Q48: The total government expenditure multiplier is less
Q50: The partial expenditure multiplier
A) is the total
Q51: A temporary increase in government spending that
Q52: The equilibrium effects of a temporary increase
Q53: The total government expenditure multiplier is
A) larger
Q54: The response of output following a natural
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