In the traditional Keynesian model, an increase in government spending raises total planned real expenditures by more than the original increase in government spending because
A) of the crowding-out effect on consumption spending.
B) consumption spending is not related to real GDP.
C) consumption spending depends positively on real GDP.
D) consumption spending depends negatively on real GDP.
C
Economics
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Most Americans agree that
A. a certain amount of income redistribution is called for. B. absolutely no income redistribution should be carried out. C. we need completely equal distribution of income.
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