Effective demand is that demand when:
A) aggregate demand is greater than aggregate supply
B) aggregate demand is less than aggregate supply
C) aggregate demand is equal to aggregate supply
D) all of these
Correct Answer:
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Q7: Pick the odd one out:
A)j.b. say
B)david ricardo
C)adam
Q8: 'The General Theory', was published in :
A)1776
B)1890
C)1936
D)1950
Q9: The branch of Economics that deals with
Q10: The central theme of Keynesian Theory is:
A)laissez-faire
B)free
Q11: Who repudiated Say's law of market?
A)j.b. say
B)david
Q13: The concept of effective demand is associated
Q14: The proportion between total income and total
Q15: The proportion between incremental income and incremental
Q16: The proportion between total income and total
Q17: 1- MPC is called:
A)apc
B)aps
C)mpc
D)mps
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