According to Keynes, the Primary Determinant of a Person's Saving

question 194

Multiple Choice

According to Keynes, the primary determinant of a person's saving is NOT

• A) the person's level of income but the desired real income of the person.
• B) the person's level of savings but the expected interest rate in the near future.
• C) the interest rate but the level of savings the person has.
• D) the interest rate but the level of the person's real disposable income.

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Definitions:

Isotopes

Variants of a chemical element that have the same number of protons but different numbers of neutrons in their atomic nuclei, resulting in different atomic masses.

Social Engineering

Any technique that uses social skills to generate human interaction for the purpose of enticing individuals to reveal sensitive information.

Human Interaction

The interaction between humans and computers or other devices, focusing on the design, implementation, and usability of interfaces.

Sensitive Information

Data that must be protected from unauthorized access to safeguard the privacy or security of an individual or organization, such as personal identifiers, financial records, or confidential business details.