In the Keynesian two sector economy, AD>AS, then
A) s=i
B) s>i
C) s
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Q5: Monetarism is associated with:
A)keynesian school
B)chicago school
C)cambridge school.
D)neo-classical
Q6: Changes in the subjective or objective factors
A)never
Q7: In a closed economy, the value of
Q8: Income is a ------- variable
A)flow
B)discontinuous
C)stock
D)none of the
Q9: Ratio of consumption expenditure to any particular
Q10: When MPS = 0.2, MPC will be
A)0.8
B)0.2
C)1.2
D)20
Q11: According to Keynes, rising aggregate income is
Q12: Who postulated the law Supply creates its
Q13: Autonomousinvestment is
A)income inelastic
B)instable
C)interest elastic
D)incomeelastic
Q14: MEC for a capital good was found
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