Multiple Choice
In Keynesian analysis, if investment does NOT change when disposable income increases, the investment is called
A) irrational.
B) autonomous.
C) unplanned.
D) discretionary.
Correct Answer:

Verified
Correct Answer:
Verified
Q198: Autonomous consumption is defined as<br>A) the level
Q199: In the Keynesian model, a decrease in
Q200: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q201: Suppose that when disposable income increases by
Q202: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" Note: Amounts in
Q204: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q205: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q206: Suppose the marginal propensity to consume (MPC)
Q207: If the marginal propensity to save (MPS)
Q208: When Monica spends more than her disposable