Question

The impact of "Excess Demand under Keynesian theory of income and employment in an economy" are: (choose the correct alternative)

1 point

a. decrease in income, output, 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

Answer:

option d [100% sure]

Explanation:

no change........