Saving is
A) the amount one does not consume in a given period of time, while savings is the accumulation of past periods of saving.
B) the accumulation of past periods of savings, while savings is the amount of disposable income that is not consumed in a given period of time.
C) the difference between real GDP and disposable income, while savings is the difference between disposable income and consumption spending.
D) the difference between disposable income and spending on goods and services, while savings is the difference between real GDP and disposable income.
Correct Answer:
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Q1: John Maynard Keynes argued that wages
A) should
Q3: Keynes argued that increasing aggregate demand will
Q4: Keynesian economics is
A) the use of government
Q5: Which one of the following describes Keynes's
Q6: Which of the following statements is true?
A)
Q7: Consumption spending
A) does not affect aggregate demand.
B)
Q8: Investment spending is
A) not dependent on taxation
Q9: If a tax cut stimulates investment spending
Q10: Keynesian economics is based on the idea
Q11: Income set aside for a period of
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