Question 22 The monetarist school is more similar to the Keynesian school than t

Question

Question 22 The monetarist school is more similar to the Keynesian school than the classical school. True False Question 23 If the economy is in equilibrium and suddenly the level of planned investment increases by $2 billion, national income will increase by: $2 billion and stabilize at that level less than $2 billion because of MPS more than $2 billion because of MPC less than $2 billion because of MPC Question 24 An increase in planned investment would be likely to cause: an increase in planned consumption an increase in the rate of planned saving in the economy an expanding level of national income all of the above Question 25 According to the Keynesian model, increased foreign spending for U.S. goods is likely to: reduce total employment in the United States increase total employment in the foreign country reduce total output in the United States increase total output in the United States

Explanation / Answer

22.true

23. $2 billion and stabilize at that level less than $2 billion because of MPS more than $2 billion

24. expanding level of national income

25.increase total output in the United States

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