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