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Describe the three basic points that Keynes made regarding consumption.Briefly explain why consumption was such a main concern in the Keynesian model.
Available Balance
The amount of funds in an account that are accessible for withdrawal or use, considering any pending transactions.
Book Balance
The amount of money on record in a company’s financial accounts, often compared to the available cash balance to identify discrepancies.
Average Daily Float
The average amount of uncollected checks in the process of clearing, representing the gap between bank records and available funds.
Checks
Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a named party.
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