Keynes believed that saving is a function of
A) the interest rate.
B) income.
C) GDP.
D) the price of money.

Question

Quizplus · Accepted Answer

Keynesian economics posits that the level of saving in an economy is primarily determined by the level of income. As income increases, individuals have more disposable income, which they can either spend or save. This relationship is central to Keynesian theories on consumption and saving.

Keynes Believed That Saving Is a Function of