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In the Keynesian model of income determination, consumer expenditure includes spending by __________.a.consumers on personal computers.b.businesses on personal computers.c. governments on personal computers.d.anyone spending on personal computers since computers are consumer durablesClear my choice

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In the Keynesian model of income determination, consumer expenditure includes spending by __________.a.consumers on personal computers.b.businesses on personal computers.c. governments on personal computers.d.anyone spending on personal computers since computers are consumer durablesClear my choice

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Solution

In the Keynesian model of income determination, consumer expenditure includes spending by consumers on personal computers.

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