According to Keynes,the primary determinant of a person's saving is not
A) the person's level of income,but is the desired real income of the person.
B) the person's level of savings,but is the expected interest rate in the near future.
C) the interest rate,but is the level of savings the person has.
D) the interest rate,but is the level of the person's real income.
Correct Answer:
Verified
Q1: According to Keynesian theory,the most important determinant
Q2: Which of the following statements is FALSE?
A)
Q4: Saving and savings differ in that
A)saving is
Q6: Suppose when real disposable income is $5,000,planned
Q7: If consumption spending exceeds income,we have
A)dissaving.
B)hoarding.
C)savings.
D)investment.
Q8: Figure 9-1 Q9: The relationship between households' planned consumption expenditures Q10: Keynesian theory is based on the belief Q11: Figure 9-1 Q45: The consumption function shows
A) a positive relationship
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