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Category > Economics Posted 12 Jul 2017 My Price 11.00

   In the model laid out in this chapter

3.      In the model laid out in this chapter, who receives? Who spends? Who saves?

5. What conditions comprise equilibrium in a macroeconomy?

6. Saving described as a “leakage” from the circular flow. How is it a leakage?

9. Describe how the problem of leakages in solved in the classic model.

11. List five factor, aside from the level of income, that can affect the level of consumption in a macroeconomy.

14. What determines aggregate in the Keynesian model? Draw and labor a graph.

16. Draw a “Keynesian cross” diagram, carefully labeling the curves and the equilibrium point.

17. Describe how adjustment to equilibrium occur in the Keynesian model.

 

Answers

SuperTutor
(15)
Status NEW Posted 12 Jul 2017 12:07 AM My Price 11.00

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