Which policy is effective in the Keynesian range?
A) Monetary policy
B) Fiscal policy
C) Incomes policy
D) None of these
Correct Answer:
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Q14: In classical theory the equality between saving
Q15: The normal condition of a capitalist economy
Q16: In classical theory of employment, there is
Q17: "Supply creates its own demand "is a
Q18: According to classical economists, variations in savings
Q19: Supply creates its own demand is the
Q21: When output exceeds spending:
A)There is unsold output,
Q22: Saving is a function of
A)Export
B)Import
C)Investment
D)Income
Q23: Entrepreneurs will have no tendency to expand
Q24: The concept of effective demand is associated
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