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The Two Parts of the Keynesian Consumption Function Are Consumption

Question 13

Multiple Choice

The two parts of the Keynesian consumption function are consumption that depends on _________ and consumption that depends on ________.


A) disposable income;factors other than disposable income
B) planned spending;unplanned spending
C) real income;nominal income
D) money;wealth
E) gross taxes;net taxes

Correct Answer:

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