1. According to the Keynesian formula shown below, what effect will saving money have on

the Gross Domestic Product (GDP)?

___________1________ X (C + I + G + Net Exports or - Net Imports) = AD or GDP

1 - MPC X (1 - tax rate)

A) John M. Keynes said saving money will make the stock market more prosperous.

B) It will do nothing. John M. Keynes said saving money will not grow the economy.

C) Keynes said saving money was the best thing citizens could do to help the economy.

D) None of the above.