Question

10. The impact of Excess Demand" under Keynıcdian theory of incime and
employment, in an economy are: choose the correct albcrnative)
(a) decrease in income, outpuit, employment and general price level
(b) decrease in nominal income, but no change in real output
(c) increase in income, output, employment and general price level
(d) no change in output/employment but increase in general price level.​

Answer 1

Explanation:

the correct answer is.. option (D)