271 Which statement is Irse as it regards a) The level of e produced of demand.

Question

271 Which statement is Irse as it regards a) The level of e produced of demand. mployment is not afflected by the amount of goods and services b) Businesses produce the level of output they are capable of producing regardless e) Businesses utilize recessionary times to retrain employees and retool factories d) The Keynesian Model assumption is based upon prices being stuck or sticky an not changing as the economy enters recessionary periods a) A is True b) B is True c) Cis True d) D is True 28) Which statement is Irue as it regards: Consumption and Investment Schedules a) A Private Closed Economy the two components of aggregate expenditures are consumption and savings. over the years. c) Planned Investment is the amount a business firms collectively intend to invest . d) Planned Investment is dependent upon the current level of Disposable Income. a) A is True b) B is True c) C is True d)D is True a) Savings is an injection of funds into the economy by the consumer. b) Taxes are an injection of funds into the economy by the government. c) Government tax reductions are an injection into the economy. d) Drop in consumer prices are a leakage in the economy 29) Which statement is True as it regards: Consumption and Investment Schedules a) A is True b) B is True c) C is True

Explanation / Answer

27. Keynesian Economic Model:

d) D is true.

28. Consumption and Investment Schedules:

d) D is true.

29. Consumption and Investment Schedules:

d) D is true.

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