In the Keynesian model, consumption A) is positively related to incom
In the Keynesian model, consumption
A) is positively related to income but saving is not systematically related to either income or interest rates.
B) and saving are positively related to the real interest rate.
C) and saving are positively related to income.
D) is positively related to income and saving is negatively related to the stock market.
ANSWER
C
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