According to Keynesian analysis, consumption is a function of:
A) Permanent income
B) Current income
C) Estimated lifetime income
D) Previous income.
Correct Answer:
Verified
Q12: Who had a different macro theory than
Q13: "Mr. Keynes and the Classics" is the
Q14: The quantity theory of money is primarily
Q15: Which one of the following is not
Q16: Marginal propensity to consume means:
A)Inclination to conspicuous
Q17: Human capital formation refers to:
A)The process of
Q19: If in an economy, out of every
Q20: Which of the following equation is wrong?
A)National
Q21: The essential condition to act as money
Q22: Which of the following is not a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents