Keynes Believed That Saving Is

question 161

Multiple Choice

Keynes believed that saving is

• A) more responsive to changes in income than to changes in interest rates.
• B) less responsive to changes in income than to changes in interest rates.
• C) equally responsive to changes in income and to changes in interest rates.
• D) dependent only on changes in interest rates.

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Definitions:

Intensity

The magnitude or strength of a phenomenon, such as light, sound, or an emotional experience, often measured on a quantitative scale.

Complaints

Expressions of dissatisfaction or annoyance about a state of affairs or an event.

Relaxation

A state of reduced tension and stress, often achieved through techniques such as deep breathing, meditation, or yoga.

Stress

Stress refers to the psychological and physiological response to perceived challenges or threats in one's environment.