According to Keynes, what is the most important determinant of households' spending on goods and services?
A)The price level.
B)The interest rate.
C)Autonomous consumption.
D)Disposable income.

Question

Quizplus · Accepted Answer

Keynes emphasized that disposable income is the most important determinant of household spending, as it directly affects their ability to purchase goods and services.

According to Keynes, What Is the Most Important Determinant of Households