Question
1) Historically, net exports are highly __________. stable predictable negotiable variable 2) A two-sector Keynesian model will be at equilibrium income when __________. Group of
1) Historically, net exports are highly __________.
stable
predictable
negotiable
variable
2) A two-sector Keynesian model will be at equilibrium income when __________.
Group of answer choices
consumption is equal to planned investment
consumption is equal to disposable income
saving is equal to consumption
saving is equal to planned investment
Lamont is a Keynesian economist. Accordingly, Lamont would most likely believe that the demand for money is __________.
a function of income only
a function of the interest rate only
more responsive to changes in interest rate than to changes in income
more responsive to job security than to changes in interest rate or income
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