Author Question: According to Keynes, the level of consumer expenditures was a stable function of a. national ... (Read 86 times)

burton19126 · **on:** Jun 30, 2018

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

Question 2

The direct cause of the hyperinflation that plagued Zimbabwe in the 2000s is ________.

A) printing of too much money by the central bank
B) government expenditures greatly above revenues
C) outlawing of price increases on many commodities
D) allowing the use of foreign currencies
E) the issuance of a 100 billion bank note