Supply creates its own demand is the Basis of:
A) classical economics
B) keynesian economics
C) monetarism
D) none of these
Correct Answer:
Verified
Q1: "Supply creates its own demand "is a
Q2: According to classical economists, variations in savings
Q4: Which policy is effective in the Keynesian
Q5: When output exceeds spending:
A)there is unsold output,
Q6: Entrepreneurs will have no tendency to expand
Q7: The concept of effective demand is associated
Q8: Psychological law of consumption states that the
Q9: Net investment is also known as
A)depreciation
B)induced investment
C)autonomous
Q10: In the saving function S = -a
Q11: Who propounded Psychological law of consumption
A)adam smith
B)ricardo
C)keynes
D)pigou
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents