One Major Point That Keynes Raised Pertains to Income and Spending

question 24

Multiple Choice

One major point that Keynes raised pertains to income and spending. He argued that:

• A) All income is often spent in the same period of time
• B) Oftentimes, people spend more than their incomes
• C) The marginal propensity to spend out of additional income is quite volatile
• D) Pessimism could cause aggregate spending to fall short of total output

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Rorschach Inkblot Test

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Minnesota Multiphasic Personality Inventory

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