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Posted on Jun 13, 2024

Part 1 of 5 - Question 1 of 25 2 Points var selectedRadioButton941353;function uncheckRadioButtons941353(radioButton) {if (selectedRadioButton941353 != null) {selectedRadioButton941353.checked = false;}selectedRadioButton941353 = radioButton;selectedRadioButton941353.checked = true;}In

Part 1 of 5 -

Question 1 of 25

2 Points

var selectedRadioButton941353;function uncheckRadioButtons941353(radioButton) {if (selectedRadioButton941353 != null) {selectedRadioButton941353.checked = false;}selectedRadioButton941353 = radioButton;selectedRadioButton941353.checked = true;}In the Keynesian model with a government sector, an increase in the interest rate level can be expected to ...

A. increase the equilibrium level of income.
B. increase consumption spending.
C. decrease the equilibrium level of income.
D. leave unchanged the equilibrium level of income.

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Question 2 of 25

2 Points

var selectedRadioButton941370;function uncheckRadioButtons941370(radioButton) {if (selectedRadioButton941370 != null) {selectedRadioButton941370.checked = false;}selectedRadioButton941370 = radioButton;selectedRadioButton941370.checked = true;}If the multiplier in an economy is 5, a R20 billion increase in net exports will...

A. increase GDP by R20 billion.
B. reduce GDP by R20 billion.
C. the multiplier does not have an effect on net exports.
D. increase GDP by R100 billion.
E. decrease GDP by R100 billion.

Question 3 of 25

2 Points

var selectedRadioButton941363;function uncheckRadioButtons941363(radioButton) {if (selectedRadioButton941363 != null) {selectedRadioButton941363.checked = false;}selectedRadioButton941363 = radioButton;selectedRadioButton941363.checked = true;}An increase in taxation in the Keynesian model with a government sector ...

A. reduces autonomous spending.
B. increases the equilibrium level of income.
C. reduces the multiplier.
D. increases the multiplier.

Question 4 of 25

2 Points

var selectedRadioButton941366;function uncheckRadioButtons941366(radioButton) {if (selectedRadioButton941366 != null) {selectedRadioButton941366.checked = false;}selectedRadioButton941366 = radioButton;selectedRadioButton941366.checked = true;}Net exports are positive when...

A. A nation's imports are more than its exports.
B. A nation's exports are more than its investments.
C. A nation's exports are less than its investments.
D. A nation's imports are less than its exports.

Question 5 of 25

2 Points

var selectedRadioButton941367;function uncheckRadioButtons941367(radioButton) {if (selectedRadioButton941367 != null) {selectedRadioButton941367.checked = false;}selectedRadioButton941367 = radioButton;selectedRadioButton941367.checked = true;}As income declines due to a decrease in autonomous net exports, induced imports will _____.

A. increase by the same value as increase in income
B. decrease
C. increase
D. remain unchanged

Question 6 of 25

2 Points

var selectedRadioButton941361;function uncheckRadioButtons941361(radioButton) {if (selectedRadioButton941361 != null) {selectedRadioButton941361.checked = false;}selectedRadioButton941361 = radioButton;selectedRadioButton941361.checked = true;}

Use the figure below to answer the question:

The movement from A to A' can result from...

a decrease in investmentspending

a decrease in taxes

an increase in the marginal propensity to import