The relationship between the rate of interest and level of consumption was first visualized by -

Related MCQs

• Consumption function expresses the relationship between consumption and -
• A loan bearing either no rate of interest or an interest rate which is below the true cost of capital lent is known as:
• The functional relationship between income and consumption expenditure is explained by -
• The interest due by applying the rate to the sum of the capital invested plus the interest previously earned and reinvested is referred to as
• The relationship between the value of money and the price level in an economy is -
• Bank rate is the rate of interest -
• Bank rate is the rate of interest:
• Bank Rate refers to the interest rate at which -
• A siuation where we have people whose level of income is not sufficient to meet the minimum consumption expenditure is considered as -
• The Keynesian consumption function shows a relation between -