Which of the following statements is true?
A) consumption + savings =disposable income
B) consumption + savings =personal income
C) consumption + investment =disposable income
D) consumption - savings =personal income
Correct Answer:
Verified
Q1: John Maynard Keynes argued that wages
A) should
Q2: Saving is
A) the amount one does not
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
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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