Multiple Choice
Unused savings, as defined in this chapter, are
A) savings that earn no income for the saver.
B) savings that the saver buries in the bank yard.
C) savings that earn very low incomes for the saver.
D) savings that are invested in financial instruments and not in new capital goods.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Keynes divided spending into four great flows
Q8: Conservatives and Keynesians differ on the appropriate
Q9: In Keynes' analysis of the circular flow,
Q10: Income received by households will be used
Q11: In Keynes' analysis of the circular flow
Q13: The wealthy tend to have<br>A) higher average
Q14: Keynes stressed the importance of effective demand,
Q15: Leakages from the circular flow include<br>A) savings,
Q16: All of the following individual investments are
Q17: Progressive economists argue that recessions and depressions