Multiple Choice
Which of the following is a basic point that Keynes made about consumption?
A) Consumption and disposal income are inversely related.
B) When disposable income changes,consumption changes by a greater amount.
C) Consumption is dependent upon disposable income.
D) b and c
E) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
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Q11: Which of the following statements is true?<br>A)