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Author Question: Keynes used the phrase animal spiritsto describe the feelings of entrepreneurs, and he argued that ... (Read 34 times)

Hungry!

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on: Apr 19, 2019

Question 1

Refer to the information provided in Table 23.6 below to answer the question(s) that follow.











Refer to Table 23.6. If the interest rate dropped from 15% to 6%, planned investment would ________ by $________ billion.


◦ increase; 90
◦ increase; 270
◦ decrease; 90
◦ decrease; 270

Question 2

Keynes used the phrase 
animal spirits to describe the feelings of entrepreneurs, and he argued that these feelings affect investment decisions.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Hungry! on Apr 19, 2019

asdfghjkl;

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Reply #1 on: Apr 19, 2019
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Hungry!

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Reply #2 on: Apr 19, 2019
Excellent


asdfghjkl;

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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