Q. The Keynesian consumption function shows a relationship between which of the following?
Answer: aggregate consumption and aggregate income
Notes: According to Keynesian Theory of consumption, the current real disposable income is the most important determinant of consumption in the short run. It bases consumption on current income.

This question is part of 40000+ General Studies MCQ Series Course on GKToday Android app. Question Number: 166 in 1. Important Concepts in Micro & Macroeconomics in above course in App.