Keynes''s theory of employment and output

Assignment Help Macroeconomics
Reference no: EM131035299

Keynes's theory of employment and output

1. output and employment determine aggregate demand 

2. output and aggregate demand determine employment

3. aggregate demand determines output and employment

4. employment determines output and aggregate demand 

5. none of the the above

 

 

Reference no: EM131035299

Questions Cloud

Ensure successful completion of the assignment : This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
The contacting surface between a and d is smooth : The contacting surface between A and D is smooth.
Produce the historical development of the theory : You are to produce the Historical Development of the Theory segment illustrating the evolution of theories within topic "Employee Engagement Leads To Customer Satisfaction".
Explain the means-end chain model : Who in a working-class family typically plays the role of the family financial officer? Use income, education, and length of marriage to discuss when this officer will become more likely to use syncratic decision making.
Keynes''s theory of employment and output : Keynes's theory of employment and output 1. output and employment determine aggregate demand  2. output and aggregate demand determine employment
The classical explanation of the economy : Which of the following contradict (s) the classical explanation of the economy? 1) Voluntary unemployment 2) Frictional unemployment
Maximum coefficient of static friction for slipping to occur : The cone has a weight W and center of gravity at G. If a horizontal force P is gradually applied to the string attached to its vertex, determine the maximum coefficient of static friction for slipping to occur.
Involuntary unemployment : Which of the following is/are an example of involuntary unemployment ? 1. a housewife 2. a student
Achieve the goal of full­employment : Y= C + I + G + (X - IM) where:C = 400 + 0.8Y, I = 50, G = 100, X = 50, IM = 100 And also:DI = Y - T + Tr,  T = 50, Tr = 150, YF = 5000 Suppose the President and Congress choose to eliminate the output gap by using discretionary fiscal policy and focu..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Either tenants occupy rent controlled buildings

Either tenants occupy rent controlled buildings with a customers surplus deserve to live there.

  How does this relate to keynesian economics

What is Country A's GDP, What is the composition of GDP by percentage, What is the GDP per capita and How does this relate to Keynesian economics?

  Tools of the federal reserve to change the money supply

Determine  the three tools the Federal Reserve uses to change the money supply and interest rates in the economy? Which of these tools is most important and explain your answer.

  Finding minimum price necessary for firm

Firms supply. Credit Check, Inc., offers credit checking services to credit card companies and retailers. What is the minimum price necessary for the firm to supply one thousand credit checks?

  Which is the controlling portion of deposits banks must hold

The FED has three ways to expand or contract money and credit. The first way would be for the FED to buy existing U.S. Treasury securities. They do this by using the equivalent of newly issued currency. What this does is it helps to expand the res..

  What if the manager believed rates would fall in the next

If a bank manager was quite certain that interest rates were going to rise within the next six months, how should the bank manager adjust the bank"s six-month repricing gap to take advantage of this anticipated rise?

  Find factor income of the residents of the country

Market Value of the final goods and services produced in the domestic economy= $1,15,000 of which goods worth $10,000 are distributed among the Tsunami Victims. Net factor income to abroad= 4000 and the govt. is offering subsidies to the producers..

  How would this news affect the price level that people would

The economy begins in long-run equilibrium. Then one day, the president appoints a new chairman of the Federal Reserve. This new chairman is well-known for his view that inflation is not a major problem for an economy.

  How the price cut will increase the firms sales and profits

The Haas Corporation's executive vice president circulates a memo to the firm's top management in which he argues for a reduction in the price of the firm's product. He says such a price cut will increase the firm's sales and profits. a. The firm'..

  How many tons of steel will these millsproduce in the course

East Chicago is a major production center of steel in the United States. In the process of producing steel, the firms in this area emit pollution both into the air and into the water which adversely affect Indiana residents. The EPAhas determined ..

  Identify major cross-cultural issues

Identify major cross-cultural issues that may impact the American company's marketing approach in this situation and provide a precise description of how the identified issues may impact the approach American company takes.

  Explain what topic you selected and why

Explain what topic you selected and why. Summarize the information you found on the topic you selected. Describe what information was beneficial and if this information will help you in your future employment endeavors.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd