Solved

According to Keynes, the Primary Determinant of a Person's Saving

Question 194

Multiple Choice

According to Keynes, the primary determinant of a person's saving is NOT


A) the person's level of income but the desired real income of the person.
B) the person's level of savings but the expected interest rate in the near future.
C) the interest rate but the level of savings the person has.
D) the interest rate but the level of the person's real disposable income.

Correct Answer:

verifed

Verified

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

Related Questions

Q189: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Q190: Average propensity to consume<br>A) is the same

Q191: Autonomous consumption is the level of consumption

Q192: Autonomous consumption<br>A) is the same as the

Q193: The difference between a stock and a

Q195: Investment is<br>A) the purchasing of stocks and

Q196: Suppose that when disposable income increases by

Q197: In the Keynesian model, whenever planned investment

Q198: Autonomous consumption is defined as<br>A) the level

Q199: In the Keynesian model, a decrease in