According to Keynes, Changes in Business Confidence Are Often Responsible

question 145

True/False

According to Keynes, changes in business confidence are often responsible for business cycles.

---

Definitions:

Tax Purposes

The consideration or treatment of transactions, events, or financial situations in relation to calculating tax liabilities.

Dividends

Payments made by a corporation to its shareholder members from the company's earnings.

Earnings

Income generated from a company's business activities over a certain period, often reported as net income.

Face Value

The nominal value or dollar value of a security stated by the issuer.