Keynesian Theory Is Based on the Belief That

question 8

Multiple Choice

Keynesian theory is based on the belief that

• A)saving and consumption are influenced primarily by real current income.
• B)saving is influenced primarily by the interest rate.
• C)planned savings equal planned investment only at full employment.
• D)full employment is automatically attained in any economy.

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Definitions:

Chromosome

A long DNA molecule with part or all of the genetic material of an organism, which are located inside the nucleus of animal and plant cells.

Trisomy

A genetic condition characterized by the presence of an extra chromosome in an organism's cells, causing developmental abnormalities.

Monosomy

A chromosomal condition characterized by the absence of one chromosome from the normal diploid number of a species, leading to genetic disorders.

Sex Chromosomes

Chromosomes that determine the sex of an organism, with common configurations being XY for male and XX for female in humans.