In John Maynard Keynes's Model, the Most Important Determinant of Current

question 94

Multiple Choice

In John Maynard Keynes's model, the most important determinant of current consumption is current income. In Irving Fisher's model, the most important determinant of current consumption is:

• A) also current income.
• B) the interest rate.
• C) lifetime resources.
• D) future income.

---

Definitions:

Hydraulic System

A technology in engineering that uses pressurized fluid to produce or transmit power.

Tube Feet

Small, flexible, hollow appendages used mostly for movement and feeding by echinoderms, such as sea stars and sea urchins.

Water Pressure

The force exerted by water on the surrounding environment, which increases with depth and is a critical factor in aquatic ecosystems and engineering.

Radial Symmetry

A form of symmetry in which body parts are arranged around a central axis, seen in organisms like jellyfish and sea urchins.