Author Question: In the basic Keynesian model, the major determinant of consumption expenditures is: a. the interest ... (Read 37 times)

haleyc112 · **on:** Jun 30, 2018

In the basic Keynesian model, the major determinant of consumption expenditures is:
a. the interest rate.
b. inflation.
c. investment.
d. disposable income.

Question 2

Absolute advantage occurs when one nation can produce a good ____ its trading partners.
a. in larger quantities than
b. faster than
c. that is desired by
d. more efficiently than
e. only consumed by