In Keynesian analysis,if investment remains constant when income increases or decreases,it is described as being

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Quizplus · Accepted Answer

In Keynesian analysis, autonomous investment is independent of changes in income and remains constant, regardless of the level of income. Planned investment, on the other hand, varies with changes in income. Therefore, option A is not correct since it describes investment that varies with changes in income. Option C is also incorrect since it suggests that investment is unplanned and random, which is not the case in Keynesian theory. Option D is not a relevant concept in this context.

In Keynesian Analysis,if Investment Remains Constant When Income Increases or Decreases,it