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Keynes Divided Spending into Four Great Flows Which Are

Question 4

Multiple Choice

Keynes divided spending into four great flows which are

A) consumer spending on durable goods, consumer spending on nondurable goods, consumer spending on personal services, and consumer spending on financial services.
B) business spending on buildings, business spending on equipment, business spending on raw materials, and business spending on advertising.
C) consumer spending, business spending, government spending, and spending by foreign on exports.
D) government spending on welfare, government spending on the military, government spending on education, and government spending on Social Security.

Correct Answer: