loveeegabbie9218 loveeegabbie9218
  • 03-01-2020
  • Social Studies
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According to Keynes, savings and investment were seldom equal because savings is accumulated for future transactions and speculations or for ___________ reasons..

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Cetacea
Cetacea Cetacea
  • 06-01-2020

Answer: Precautionary

Explanation:

According to the concept of Keyensian theory, saving and investment are considered to be almost same entities. This equality is based on the concept of accounting equality which described some similarity of these terms.

Both investment and saving are likely to be equal as they have the similar kind of impact of rate of interest,equilibrium stage of national income,etc.These savings can be utilized in transactions and requirements in future, precautionary situations or due to other factors.

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