According to Keynes,the Most Important Determinant of the Level of Investment

question 135

Short Answer

According to Keynes,the most important determinant of the level of investment was the _____________.

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Definitions:

Source Document

A piece of evidence, such as an invoice or receipt, that records a financial transaction.

Manufacturing Overhead-Applied

Indirect costs related to manufacturing that are assigned to products based on a predetermined rate.

Overhead Applied Rate

A rate calculated to allocate indirect costs to cost objects based on a predetermined formula.

Direct Labor Hours

The total time workers or employees spend directly working on goods or services that are being produced.