Macroeconomics
Macroeconomics
13th Edition
ISBN: 9781337617390
Author: Roger A. Arnold
Publisher: Cengage Learning
Question
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Chapter 10, Problem 13QP
To determine

Increase in savings and impact over the AD curve.

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Students have asked these similar questions
If private sector businesses suddenly lose confidence in the economy, Keynes argued that this would likely lead to a _________ shift in the investment schedule and thus a __________ shift in the AD schedule. (Choose the appropriate answer.)
The Keynesian view of the AD/AS model states that when beginning from potential output equilibrium, any decrease in AD will : Group of answer choices a Decrease real output and decrease prices b Decrease real output and increase prices c Decrease real output and do not affect prices d Increase real output and decrease prices
The Keynesian view of the AD/AS model states that when beginning from potential output equilibrium, any increase in AD will :
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