Answer to Question #107057 in Macroeconomics for Sthabile

Question

A.According to the Keynesian model the factors that influence a household's induced consumption are the marginal propensity to consume and......1.its disposable income 2.its total wealth 3.The number of persons in the household 4.its net wealth B.An increase in government spending in the Keynesian model leads to....1 demand that is greater than supply 2demand that is lesser than supply 3demand that equals supply 4decrease in production

Answer 1

A. 1)

B. 1)