In the Basic Keynesian Model Where the Marginal Propensity to Consume

question 178

Multiple Choice

In the basic Keynesian model where the marginal propensity to consume is 0.5,taxes must be _________,to close a recessionary gap resulting from a $1 billion decrease in autonomous consumption.

• A) increased by $1 billion
• B) decreased by $1 billion
• C) increased by $2 billion
• D) decreased by $2 billion
• E) increased by $0.5 billion

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Definitions:

On-time Rates

A measure of the frequency or probability that an event or task is completed within the designated time frame.

Scheduled Deliveries

Deliveries that are planned and organized to occur at specific times or intervals.

On-time Rates

A metric typically used to evaluate the performance of services, indicating the percentage of tasks or deliveries completed within the expected time frame.

Scheduled Deliveries

The planned or intended time for the arrival of goods.