In the Keynesian Model,the Primary Determinant of Consumer Spending Is

question 15

Multiple Choice

In the Keynesian model,the primary determinant of consumer spending is

• A)the interest rate.
• B)disposable income.
• C)expectations of inflation.
• D)the stage of the business cycle.

---

Definitions:

Final Average

The weighted mean of a student's academic performance across courses over a term or academic year.

Mode

The value that appears most frequently in a data set, representing the most common or popular outcome among the observed values.

Sample Variance

A metric indicating the spread or variation in a set of sample data, determined by dividing the sum of the squared differences from the mean by the total number of data points minus one.

Sample Variance

A measurement of the spread between numbers in a data sample, calculated by taking the mean of the squared deviations from the sample mean.