In the Basic Keynesian Model, the Major Determinant of Consumption

question 164

Multiple Choice

In the basic Keynesian model, the major determinant of consumption expenditures is:

• A)the interest rate.
• B)inflation.
• C)investment.
• D)disposable income.

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Definitions:

Substantive

Of considerable importance or worth, having substance and not merely theoretical or formal.

Emotional Differences

Variations in how individuals perceive, express, understand, and manage emotions.

Conflict Antecedents

Factors or conditions that precede and potentially cause conflict within or between groups.

Likely Develop

Describes a situation or condition that has a high probability of occurring or coming into existence.