In the Keynesian model, consumption depends on:
A)whether the government has a budget surplus or deficit.
B)potential output.
C)the natural rate of unemployment.
D)disposable income.

Name: In the Keynesian model, consumption depends on: A)whether the government has a budget surplus or deficit. B)potential output. C)the natural rate of unemployment. D)disposable income.
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Question

Quizplus · Accepted Answer

The Keynesian model relies heavily on the relationship between consumption and disposable income.

In the Keynesian Model, Consumption Depends On