In the basic Keynesian model all of the following are true EXCEPT:
A) planned consumption always equals actual consumption.
B) planned investment always equals actual investment.
C) planned government spending always equals actual government spending.
D) planned net exports always equal actual net exports.
Correct Answer:
Verified
Q9: Planned aggregate expenditure is total:
A)value added in
Q10: If firms sell less than is expected,
Q11: All of the following would be included
Q12: When actual investment is greater than planned
Q13: Unplanned inventory investment equals zero when:
A)planned investment
Q15: Suppose that the owner of a local
Q16: Dave's Mirror Company expects to sell $1,000,000
Q17: All of the following would be included
Q18: The four components of planned aggregate expenditure
Q19: The decision about whether to change prices
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