Solved

Keynes Assumed Consumption Is

Question 148

Multiple Choice

Keynes assumed consumption is


A) inversely related to the rate of interest.
B) directly related to disposable income.
C) directly related to investment.
D) less than disposable income.
E) both b and d

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q143: In a recessionary gap,the implications of downward

Q144: If total production (TP)is greater than total

Q145: On a TE-TP diagram consider a level

Q146: Which of the following statements would Keynes

Q147: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q149: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q150: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q151: Which of the following is a characteristic

Q152: According to Keynes,aggregate demand could be too

Q153: The economy is in equilibrium,TP = TE,and