Consumption spending is most strongly determined by
A) income.
B) investment spending.
C) interest rates.
D) the federal budget deficit.
Correct Answer:
Verified
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
Q13: Discretionary fiscal policy is used to
A) create
Q14: Marginal propensity to consume
A) is the change
Q15: Which one of the following is true,
Q16: As the prospects for profitable business conditions
Q17: Discretionary fiscal policy involves the use of
A)
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