In Keynes' analysis of the circular flow unused savings are
A) dollar bills and coins that people bury in their backyards.
B) income that households invest in purely financial investments.
C) the percentage of income that households receive that is not spent on immediate consumption goods.
D) income that households spend on frivolous consumption items.
Correct Answer:
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Q1: What is meant by capacity utilization?
A) How
Q2: The name of John Maynard Keynes' most
Q3: John Maynard Keynes is famous for
A) arguing
Q4: Keynes divided spending into four great flows
Q5: Income received by households will be used
Q7: In Keynes' analysis of the circular flow,
Q8: In Keynes' analysis of the circular flow,
Q9: All of the following are examples of
Q10: All of the following individual investments are
Q11: Unused savings, as defined in this chapter,
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