Rate of change in savings to change in income:
A) APS
B) APC
C) MPS
D) MPC
Correct Answer:
Verified
Q10: In the Keynesian two sector economy, AD
Q11: According to Keynes the most important determinant
Q12: When disposable income rises from Rs 500
Q13: In a two sector economy, aggregate demand
Q14: In Keynesian terminology, investment means:
A)Financial investment
B)Real investment
C)Induced
Q16: Keynesian economics is also known as:
A)Supply side
Q17: Which of the following can cause shifts
Q18: APC is determined by the following equation:
A)C/Y
B)S/Y
C)?C/?Y
D)?S/?Y
Q19: In the Keynesian two sector model, when
Q20: Which of the following is not correct:
A)MPC
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