True/False
Keynes asserted that investment is more responsive to business expectations,technological changes and innovation,than to changes in interest rates.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q30: If income rises from $1,000 to $1,400
Q37: Keynes believed that saving is more responsive
Q38: When the MPC = 0.9,the multiplier is<br>A)0.20.<br>B)1.25.<br>C)2.50.<br>D)5.00.<br>E)10.00.
Q46: How does the classical position on saving
Q69: The economy is in equilibrium,TP = TE.Then,autonomous
Q146: Which of the following statements would Keynes
Q152: According to Keynes,aggregate demand could be too
Q155: A rise in MPC makes the total
Q161: Keynes believed that saving is<br>A) more responsive
Q187: Keynesian macroeconomists believe that the time it