Introduction to Economics 2 Deneme Sınavı Sorusu #349632
According to equilibrium in Keynesian model, which of the given statement(s) below is/are true?
I. Equilibrium income cannot be achieved at the level of underemployment or overemployment.
II. The level of income does not depend on aggregate demand or aggregate expenditures.
III. Keynes links the deviations from full employment to the inadequacy of aggregate expenditures in the economy.
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Only II
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II and III
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I and II
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Only III |
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I and III |
The right versions of the statements are as follows. Equilibrium income can be achieved at the level of underemployment or overemployment. The level of income depends on aggregate demand or aggregate expenditures. Keynes links the deviations from full employment to the inadequacy of aggregate expenditures in the economy.
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