Suppose exports fall and savings rise. Which of the following would best describe the changes according to the Keynesian

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Suppose exports fall and savings rise. Which of the following would best describe the changes according to the Keynesian

Post by answerhappygod »

Suppose Exports Fall And Savings Rise Which Of The Following Would Best Describe The Changes According To The Keynesian 1
Suppose Exports Fall And Savings Rise Which Of The Following Would Best Describe The Changes According To The Keynesian 1 (45 KiB) Viewed 51 times
Suppose exports fall and savings rise. Which of the following would best describe the changes according to the Keynesian model of using income and expenditure in determining the equilibrium national output? (3 marks) (a) Injections function shifts up, withdrawals function shifts to the right, and the new equilibrium output is higher. (b) Injections function shifts down, withdrawals function shifts to the right, and the new equilibrium output is higher. (c) Injections function shifts up, withdrawals function shifts to the left, and the new equilibrium output is lower. (d) Injections function shifts down, withdrawals function shifts to the left, and the new equilibrium output is lower.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”