Keynes Was Concerned About an Implication of His Consumption Theory

question 60

Multiple Choice

Keynes was concerned about an implication of his consumption theory: that as an economy becomes more prosperous,its saving rate becomes too ________ to sustain that prosperity.Such a long-term trend in the U.S.saving rate is ________ in the time-series data.

• A)large,found
• B)large,not found
• C)small,found
• D)small,not found

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Definitions:

Market Share

The share of a market held by a certain company or product, usually represented as a proportion of the total market sales.

Profit Growth

An increase in the financial gain that results from the difference between a business's revenue and its expenses.

Retail Life Cycle

The process of growth, maturity, and decline that retail shops or formats go through, similar to product life cycles, reflecting changes in customer preferences and market dynamics.

Market Share

The segment of the marketplace dominated by a specific company or product, frequently measured as a share of the overall sales within that market.