In explaining the level of unemployment, Keynes emphasized,- O a. Changes in technology. O b. Inflationary...

  

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In explaining the level of unemployment, Keynes emphasized,- O a. Changes in technology. O b. Inflationary expectations. O c. Lending by financial institutions. O d. Aggregate demand. In the Keynesian model: O a. Households only save and lend, and do not borrow. O b. Investment spending is highly sensitive to investors' confidence and expectations of future sales and profits O c. Consumption spending is more sensitive to the interest rate than to income. O d. Investment spending, especially in a recession, is highly sensitive to the interest rate. In explaining the level of unemployment, Keynes emphasized,- O a. Changes in technology. O b. Inflationary expectations. O c. Lending by financial institutions. O d. Aggregate demand. In the Keynesian model: O a. Households only save and lend, and do not borrow. O b. Investment spending is highly sensitive to investors' confidence and expectations of future sales and profits O c. Consumption spending is more sensitive to the interest rate than to income. O d. Investment spending, especially in a recession, is highly sensitive to the interest rate.

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ANSWER 1 D Aggregate Demand Aggregate demand is a measurement of the total amount of demand for all finished goods and services produced in an economy ... View the full answer