Keynes Was Concerned About an Implication of His Consumption Theory

question 60

Multiple Choice

Keynes was concerned about an implication of his consumption theory: that as an economy becomes more prosperous,its saving rate becomes too ________ to sustain that prosperity.Such a long-term trend in the U.S.saving rate is ________ in the time-series data.

• A)large,found
• B)large,not found
• C)small,found
• D)small,not found

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Definitions:

Stage 4

In various contexts, this can refer to a specific phase or level in a process or series, often indicating an advanced or critical stage.

Microsleeps

Very brief episodes of sleep that can occur when an individual is apparently awake, often resulting from sleep deprivation.

Sleep Deprivation

refers to the condition of not getting enough sleep, which can affect memory, cognition, and physical health.

Frontal Lobe

The region of the brain located at the front of each cerebral hemisphere, responsible for decision making, problem-solving, control of purposeful behaviors, consciousness, and emotions.