The economy is at the Keynesian equilibrium. Assuming that taxes are zero, a decrease in the marginal propensity to consume decreases unplanned inventories in the short run.
The economy is at the Keynesian equilibrium. Assuming that taxes are zero, a decrease in the marginal propensity to consume decreases unplanned inventories in the short run.
Chapter18: The Keynesian Model
Section: Chapter Questions
Problem 7SQ
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true or false and why
The economy is at the Keynesian equilibrium. Assuming that taxes are zero, a decrease in the marginal propensity to consume decreases unplanned inventories in the short run.
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