Time left 1:06:04 Question 7 In the Keynesian model, the planned investment function shows that Not yet answered Select one: Marked out of O a. real gross investment falls as real NNP increases. 1.00 O b. a negative(inverse) relationship exists between the level of planned investment and the interest rate. Flag question O c. a positive relationship exists between planned consumption and planned investment. O d. at higher levels of planned saving, planned investment increases. Question 8 Which of the following would cause a leftward shift in the investment function? Not yet answered Select one: Marked out of O a. technological progress 1.00 O b. a reduction in the rate of interest Flag question O c. optimistic expectations about business conditions O d. an increase in business taxes Question 9 If the government increases taxes and holds government spending constant, then Not yet answered Select one: Marked out of O a. disposable personal income will decrease and consumption will decrease. 1.00 O b. disposable personal income will decrease and consumption will increase. P Flag question O c. disposable personal income will increase and consumption will increase. O d. disposable personal income will increase and consumption will decrease