The Keynesian Model Is Based on the Idea That

question 354

Multiple Choice

The Keynesian model is based on the idea that

• A)saving depends only on the interest rate.
• B)both consumption and saving are directly related to disposable income.
• C)consumption is unrelated to the level of real Gross Domestic Product (GDP).
• D)both consumption and saving are unrelated to the level of real Gross Domestic Product (GDP).

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