- 18 According To The Keynesian Framework Cause Inflation But Not A Recession Price A Decrease Interest Rates B De 1 (53.27 KiB) Viewed 20 times
18) According to the Keynesian framework, cause inflation, but not a recession. Price A) decrease; interest rates. B) de
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18) According to the Keynesian framework, cause inflation, but not a recession. Price A) decrease; interest rates. B) de
18) According to the Keynesian framework, cause inflation, but not a recession. Price A) decrease; interest rates. B) decrease; a major trading partner's export price. C) a decrease; a major trading partner's economy. D) an increase; domestic investment. 19) See above. A decrease in personal income taxes would be represented by a shift from A) AD1 to AD2. C) point A to point B. B) AD2 to AD1. D) point B to point A. A) AD1 to AD2. B. A) 2. 6 in 20) An increase in government spending would be represented by a shift from C) point A to point may B) AD2 to AD1. D) point B to point A. 21) GDP is up by 45B, and the spending is up by 9B, what is the expenditure multiplier? B) 5. C) 4. D)