In the Keynesian model a 5 billion increase in autonomous consumption leads to

In the keynesian model a 5 billion increase in

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101.In the Keynesian model, a $5 billion increase in autonomous consumption leads to ______ in short-run equilibrium output. A. a $5 billion increaseB.a greater than $5 billion increaseC. no changeD. a $5 billion decrease AACSB: Analytical Skills Blooms: Understanding Frank - Chapter 21 #101 Learning Objective: 21-04 Show how a change in planned aggregate expenditure can cause a change in short-run equilibrium output and how this is related to the income expenditure multiplier. Section: Stabilizing Planned Spending: The Role of Fiscal Policy
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102.In the Keynesian model, a $15 billion decrease in autonomous planned investment leads to ______ in short-run equilibrium output. AACSB: Analytical Skills Blooms: Understanding Frank - Chapter 21 #102 Learning Objective: 21-04 Show how a change in planned aggregate expenditure can cause a change in short-run equilibrium output and how this is related to the income expenditure multiplier. Section: Stabilizing Planned Spending: The Role of Fiscal Policy
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103.The income-expenditure multiplier arises because one person's additional spending becomes another person's additional income that will generate additional: AACSB: Analytical Skills Blooms: Understanding Frank - Chapter 21 #103 Learning Objective: 21-04 Show how a change in planned aggregate expenditure can cause a change in short-run equilibrium output and how this is related to the income expenditure multiplier. Section: Stabilizing Planned Spending: The Role of Fiscal Policy
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104.Government policies that are used to affect planned aggregate expenditure, with the objective of eliminating output gaps, are called _____ policies. AACSB: Analytical Skills Blooms: Knowledge Frank - Chapter 21 #104 Learning Objective: 21-04 Show how a change in planned aggregate expenditure can cause a change in short-run equilibrium output and how this is related to the income expenditure multiplier. Section: Stabilizing Planned Spending: The Role of Fiscal Policy
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105.Government policy actions intended to increase planned spending and output are called _____ policies. A. aggregate B. monetary C. fiscal D.expansionary AACSB: Analytical Skills Blooms: Knowledge Frank - Chapter 21 #105 Learning Objective: 21-04 Show how a change in planned aggregate expenditure can cause a change in short-run equilibrium output and how this is related to the income expenditure multiplier. Section: Stabilizing Planned Spending: The Role of Fiscal Policy
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