According to Keynes, the level of consumer expenditures was a stable function of
a. national income.
b. gross income.
c. disposable income.
d. net income.
e. None of the above
C
Economics
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Many Southern farmers face a choice between planting peanuts or cotton. In 2014, farmers anticipated higher prices for cotton
In the market for peanuts in 2014, there would be ________ in the supply of peanuts, which leads to ________ in the price of peanuts and ________ in the quantity of peanuts. A) a decrease; an increase;a decrease B) an increase; a decrease; a decrease C) a decrease; an increase; an increase D) an increase; an increase; a decrease
Economics
What is the value of the deposit multiplier in a 100-percent reserve banking system?
A) 0. B) 1 C) a value between 0 and 1 D) a value greater than 1
Economics