This topic contains a solution. Click here to go to the answer

Author Question: According to Keynes, an individual's level of saving is primarily determined by A) the ... (Read 57 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
According to Keynes, an individual's level of saving is primarily determined by
 
  A) the individual's current level of disposable real income.
  B) the individual's assessment of the future direction of the stock market.
  C) real Gross Domestic Product (GDP) for the economy.
  D) the interest rate.

Question 2

How does aggregate demand curve (AD) differ from an individual demand curve (D)?
 
  A) AD is generally vertical while D is usually downward sloping.
  B) D represents the price-quantity relationship for a single good or service while AD looks at the entire economic system.
  C) AD is generally a downward sloping curve while D usually slopes upward.
  D) Look for D in macroeconomic analyses and for AD in microeconomics.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

krakiolit

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

A

Answer to Question 2

B




bclement10

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
:D TYSM


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

For a complete list of videos, visit our video library