According to Keynesians, an increase in saving will not cause national income to fall
a. as long as autonomous consumption is greater than zero
b. if the price level remains unchanged
c. if it results from a decrease in aggregate expenditure
d. if it is accompanied by a decrease in aggregate expenditure
e. if it results from an increase in aggregate expenditure
E
You might also like to view...
Usury laws result in banks making less credit available to lower-income households because
A) higher-income households will pay a higher interest rate than lower-income households. B) loans made to higher-income households have no risk. C) loans to lower-income households are riskier than loans to higher-income households. D) the regulated interest rate does not adequately compensate the bank for the risk of the loan to a lower-income household.
A strong economy not only creates more job opportunities but also reduces discrimination barriers
Indicate whether the statement is true or false