Keynes believed that consumer demand in the aggregate is determined primarily by
A) the interest rate.
B) the rate of inflation.
C) national income.
D) government spending.
Correct Answer:
Verified
Q11: Describe how consumption behaves over the business
Q12: Describe how consumption behaves over the business
Q13: Describe how consumption behaves over the business
Q14: Compare and discuss determinants of aggregate consumption.
-Why
Q15: Compare and discuss determinants of aggregate consumption.
-How
Q17: At very low levels of income, consumer
Q18: The term, "dis-saving" means
A) having no respect
Q19: Those who currently have no savings and
Q20: The wealthy tend to have
A) higher average
Q21: A shift in income distribution from wealthy
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