Answer to Question #104257 in Macroeconomics for December

Question

A. Which of the following is incorrect about imports in the Keynesian model?

1. They not always taken as independent of the level of income
2. Increase when the level of income increases
3. Decrease when the level of income decreases
4. They may be greater than exports

B. C=100+0,80Y, what is the savings function in the simple Keynesian model?

1. S=-100+0,20Y
2. S=100+0,20Y
3. 0,20
4. 5

Answer 1

A:1

B: 1