chapter3 the simple keynesian theoryof income determination（chapter 3 the simple theoryof keynesian income determination）.docVIP

Chapter 3 The Simple Keynesian Theory of Income Determination In the simplest Keynesian model of the determination of income, interest rates are assumed to be exogenous and to gradually change. endogenous and to gradually change. exogenous and to remain constant. endogenous and to remain constant. In the simplest Keynesian model of the determination of income, interest rates are assumed to be exogenous and to influence desired spending. to be endogenous and not to influence desired spending. to be endogenous and to influence desired spending. to be exogenous and not to influence spending.