Keynes believed that abrupt changes in spending behavior
A) Have no effect on the economy.
B) Help stabilize the economy.
C) Cause recurring business cycles.
D) Move the economy to full employment.
Correct Answer:
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Q66: If desired investment exceeds actual investment,then
A)A recessionary
Q85: Suppose lower interest rates suddenly lead
Q86: Suppose lower interest rates suddenly lead
Q89: If business inventories decrease below desired levels,then
Q92: Macro disturbances can be caused by changes
Q92: Suppose lower interest rates suddenly lead
Q93: A basic conclusion of Keynesian analysis is
Q93: Suppose lower interest rates suddenly lead
Q96: A rightward shift in an aggregate demand
Q97: The consumption function will shift when
A)Autonomous consumption
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