Who among the following pioneered the first real estimate of national income?
A) Adam Smith
B) David Ricardo
C) William Petty
D) None of the above
Correct Answer:
Verified
Q2: The MEC increases when:
A)Capital stock increases
B)Capital stock
Q3: Starting point of Keynesian economics is:
A)Effective demand
B)Individual
Q4: Keynesian three sector model consist of:
A)Business sector,
Q5: Functional relationship between saving and disposable income
Q6: As the value of MPC increases, the
Q8: Who argued that national income is simply
Q9: Who argued that "Everything that is produced
Q10: Who made the first major attempt to
Q11: Which one of the following is roughly
Q12: Which one of the following includes 'income
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