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Economics U$A: 21st Century Edition

The Great Depression and the Keynsian Revolution Quiz

The consumption function is concerned with the relationship between consumption spending and:

That portion of an EXTRA dollar of disposable income that is spent on consumption is called:

According to the theory of John Maynard Keynes and his followers, NNP is dependent MAINLY on

Suppose that the current marginal propensity to consume equals .75. What will be the impact on equilibrium NNP of an investment of $1 billion?

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Economics U$A: 21st Century Edition