Asked by Salman
If investment is dependent on income in addition to interest rate (assuming C and G have usual forms) then the Keynesian multiplier will
A. Not Exist
B. Equal to as compared to the case where investment is not dependent on Y
C. Smaller as compared to the case where investment is not dependent on Y
D. Larger as compared to the case where investment is not dependent on Y
A. Not Exist
B. Equal to as compared to the case where investment is not dependent on Y
C. Smaller as compared to the case where investment is not dependent on Y
D. Larger as compared to the case where investment is not dependent on Y
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