The Keynesian Multiplier under lump

  1. The Keynesian Multiplier under lump sum taxesA. Smaller than that under proportional tax B. Equal to that under proportional tax
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  2. 3. Write a short description on the principles and implications of the schools of thought inMacroeconomics: Classical,
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  3. What makes Keynesian economics different from the other macroeconomic theories you learned about in this unit?(1 point)
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  4. If a $1,000 increase in income leads to an $800 increase in consumption expenditures, then the marginal propensity to consume is
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  5. Explain the central tenants of Keynesian economics.(1 point)Responses In Keynesian economics, the emphasis is on the
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  6. if a multiplier is by a dozen, and the multiplier stacks, and there is a total of 8 multipliers each having a 12x multiplier, do
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  7. The introduction of government sector in the Keynesian model assumes that:there is no relationship between government spending
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  8. If investment is dependent on income in addition to interest rate (assuming C and G have usual forms) then the Keynesian
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  9. The impact of government spending in the Keynesian model results in:a higher level of aggregate spending an unchanged multiplier
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  10. he impact of government spending in the Keynesian model results in:a higher level of aggregate spending an unchanged multiplier
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