According to Keynes the most important determinant of consumption
A)Rate of interest
B)Saving
C)Income
D)Investment

Name: According to Keynes the most important determinant of consumption A)Rate of interest B)Saving C)Income D)Investment
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According to Keynes, the most important determinant of consumption is income. He proposed that as income increases, consumption also increases, but at a slower rate. This relationship is central to Keynesian economics and is described by the consumption function.

According to Keynes the Most Important Determinant of Consumption