Answer to Question #215020 in Macroeconomics for SAHEB

Question #215020

in a simple Keynesian model, Which of the following is incorrect. I represent total investment spending, Y represents income, MPC and MPs equal to one, induced consumption is a fraction of income

Expert's answer

the answer is I represent total investment spending

Learn more about our help with Assignments: Macroeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Assume a survey by Moodle Team collected data on average hours spent studying on moodle for 10 EC203
2. Suppose a survey by the Department of Roads in 2019 revealed that 60% of the vehicles travelling on
3. Develop a permanent income and adaptive expectations model by permanent life cycle and show its diff
4. Give examples of direct tax
5. what do we deduct from GNP to arrive at NNP ?
6. Question 2 (7 marks) Assume you work as an Economist for the Ministry of Sugar Exports and provided
7. Suppose a perfectly competitive industry can produce Roman candles at a constant marginal cost of R1

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…