Author Question: Within the Keynesian aggregate expenditures model, which of the following autonomous changes would ... (Read 71 times)

Capo · **on:** Jun 30, 2018

Within the Keynesian aggregate expenditures model, which of the following autonomous changes would decrease the equilibrium output?
a. A decrease in investment spending.
b. An increase in net exports.
c. An increase in government spending.
d. An increase in consumption expenditures

Question 2

In the United States, the purchasing power of money is determined by:
a. the underlying precious metals that back each unit of currency.
b. the value of U.S. treasury bonds that back each unit of currency.
c. its acceptability.
d. Congress, which controls the money supply.