In the Keynesian two sector model, when AD = AS, then:
A) sB) s>i
C) s=i
D) i=0
Correct Answer:
Verified
Q10: In Keynesian terminology, investment means:
A)financial investment
B)real investment
C)induced
Q11: Rate of change in savings to change
Q12: Keynesian economics is also known as:
A)supply side
Q13: Which of the following can cause shifts
Q14: APC is determined by the following equation:
A)c/y
B)s/y
C)?c/?y
D)?s/?y
Q16: Which of the following is not correct:
A)mpc
Q17: According to Keynes, saving is:
A)private virtue but
Q18: MEC isinversely related to:
A)prospective yield
B)supply price
C)investment
D)rate of
Q19: Keynes considered subjective and objective factors:
A)important determinants
Q20: Keynesian economics is:
A)macro
B)micro
C)both
D)none
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