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copperbee133Lv1
18 Aug 2020
In the keynesian model, equilibrium national income:
A. Occurs when the marginal propensity to consume equals the multiplier.
B. Occurs at the point where the consumption function crosses the 45-degree line.
C. Equals planned consumption, investment, government, and net export expenditures.
D. Equals planned consumption, investment, government, and import expenditures.
In the keynesian model, equilibrium national income:
A. Occurs when the marginal propensity to consume equals the multiplier.
B. Occurs at the point where the consumption function crosses the 45-degree line.
C. Equals planned consumption, investment, government, and net export expenditures.
D. Equals planned consumption, investment, government, and import expenditures.
Joshua StredderLv10
8 Nov 2020