Which One of the Following Helps Determine Consumption and Saving

question 127

Multiple Choice

Which one of the following helps determine consumption and saving in the Keynesian model?

• A) wealth
• B) imports
• C) technology
• D) government regulations

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Definitions:

Internal Revenue Service

The United States governmental body in charge of collecting taxes and enforcing tax legislation.

Experimentation

The act of conducting tests or trials to explore effects of actions or to discover new information, often used in research, product development, and problem-solving.

New Programs

Initiatives or sets of activities introduced within an organization or community to address specific goals or problems.

Gap Filler

An entity or activity that addresses and provides services or resources in areas where there are unmet needs.