In the Simple Keynesian Macroeconomic Model, which of the following will determine the level of autonomous snending by South African households? a) The level of economic growth b) The level of risk and or uncertainty c) The level of the interest rate d) Savings and or credit

In the Simple Keynesian Macroeconomic Model, which of the following will determine the level of autonomous snending by South African households? a) The level of economic growth b) The level of risk and or uncertainty c) The level of the interest rate d) Savings and or credit

Macroeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506756

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter11: Fiscal Policy: The Keynesian View And Historical Development Of Macroeconomics

Section: Chapter Questions

Problem 1CQ

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In the Simple Keynesian Macroeconomic
Model, which of the following will
determine the level of autonomous
snending by South African households?
a) The level of economic growth
b) The level of risk and or uncertainty
c) The level of the interest rate
d) Savings and or credit

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