Keynes would predict that aggregate income would decline, but rise in the future, if the additional savings were not translated into investment.
According to the Keynesian model. the government puts price controls on the economy, keeping the price level fixed.
Answer:
Geometric Average return = 7.83%
Explanation:
First we need to find the missing value of data using Arithmetic mean formula
Arithmetic Mean = Sum of value / No of values
8.8% = Sum of Values / 4
Sum of Values = 8.8% x 4
Sum Values = 35.2%
Using Sum of Values we minus the remaining values in order to get the missing value of the data.
35.20% - 16.3% - 10.2%-(14.1%) = 22.80%
In order to get Geometric mean value we use geometric mean formula
G.M = 4 Sqrt(16.3% x 10.2% x -14.1% + 22.80%)
Geometric Mean = 7.83%
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