Keynes emphasized income as the main determinant of consumption and savings.

Name: Keynes emphasized income as the main determinant of consumption and savings.
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Keynes believed that income was the primary factor influencing consumption and savings. He argued that as income rises, people tend to spend more on consumption goods, but also save more. This led him to advocate for government policies that could boost aggregate demand and stimulate economic growth during times of recession.

Keynes Emphasized Income as the Main Determinant of Consumption and Savings