Keynesian theory is based on the hypothesis that
A) full employment is automatically attained in any economy.
B) saving is influenced primarily by the interest rate.
C) saving and consumption are influenced primarily by real current disposable income.
D) planned savings equal planned investment only at full employment.
C
Economics
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When economists speak of preferences as influencing demand, they are referring to
A) directly observable changes in prices and income. B) an individual's attitudes toward goods and services. C) the excess of wants over the available supplies. D) the availability of a good to all income classes.
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Are advertising and brand names efficient?
What will be an ideal response?
Economics