Keynes Believed That Saving Is

question 161

Multiple Choice

Keynes believed that saving is

• A) more responsive to changes in income than to changes in interest rates.
• B) less responsive to changes in income than to changes in interest rates.
• C) equally responsive to changes in income and to changes in interest rates.
• D) dependent only on changes in interest rates.

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Definitions:

Bloodstream

The flowing blood within the circulatory system of the body, responsible for transporting oxygen, nutrients, and waste materials.

Branchlike Structures

Dendrites, the neuron parts that extend outward to receive information from other neurons.

Dendrites

Branchlike structures of a neuron that receive messages from other neurons.

Neurons

Neurons are the basic working units of the brain, specialized cells designed to transmit information to other nerve cells, muscle, or gland cells.