Pick the odd one:
A) aggregate demand
B) effective demand
C) j.m. keynes
D) law of market
Correct Answer:
Verified
Q5: According to Keynes, wages and prices are:
A)rigid
B)flexible
C)variable
D)automatic
Q6: In Economics, 1930s is popularly known as
Q7: Keynes strongly argued for:
A)free trade
B)non-intervention of government
C)laissez-faire
D)governmental
Q8: Consumption expenditure directly varies with:
A)savings
B)investment
C)disposable income
D)rate of
Q9: An important issue of macro economics is
Q11: Which of the following items does not
Q12: Who is known as the father of
Q13: Goods without which people can not live
Q14: The problem of what to produce is
Q15: Those things that possess both utility and
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