The Simplified Keynesian Model

question 368

Multiple Choice

The simplified Keynesian model

• A) holds the price level constant.
• B) holds real GDP constant.
• C) assumes investment and saving are always equal.
• D) assumes unemployment is unrelated to real GDP.

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Definitions:

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The discharge of feces from the body's digestive system through the anus.

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Organic compounds consisting of carbon, hydrogen, and oxygen, serving as a major energy source in the diet of animals, including humans.

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A medical device used for collecting waste from the body through a surgically created opening in the abdomen.