Which one of the following statements is false? Keynes thought that the interest rate was the most a. important factor in explaining the level of investment. Keynes argued that in the case of severe slowdown b. activity, a low interest rate would not be enough to motivate business firms to invest. Keynes argued that the most important factor in explaining aggregate investment spending is the general optimism or pessimism that investors feel about the future. С. Keynes saw investment as future directed, rather than related to any d. current observable economic variables.

Which one of the following statements is false? Keynes thought that the interest rate was the most a. important factor in explaining the level of investment. Keynes argued that in the case of severe slowdown b. activity, a low interest rate would not be enough to motivate business firms to invest. Keynes argued that the most important factor in explaining aggregate investment spending is the general optimism or pessimism that investors feel about the future. С. Keynes saw investment as future directed, rather than related to any d. current observable economic variables.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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