Multiple Choice
The Keynesian model is based on the idea that
A) saving depends only on the interest rate.
B) both consumption and saving are directly related to disposable income.
C) consumption is unrelated to the level of real Gross Domestic Product (GDP) .
D) both consumption and saving are unrelated to the level of real Gross Domestic Product (GDP) .
Correct Answer:
Verified
Correct Answer:
Verified
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