Question

Keynes belived that interest rate is greatly influenced by ___ A. level of income B. level of interest C. level of capital D. level of savings​

Answer 1

Explanation:

According to Keynesian model, the equilibrium level of national income is determined at a point where the aggregate demand curve intersects the aggregate supply curve. ... By definition, output equals income on each point of aggregate supply curve. The determination of the level o

________&

Answer 2

According to Keynesian model, the equilibrium level of national income is determined at a point where the aggregate demand curve intersects the aggregate supply curve. ... By definition, output equals income on each point of aggregate supply curve. The determination of the level o

________&