When the method of Statics is called upon to study a changing process, it is referred to as the method of:
A) Statics
B) Dynamics
C) Comparative statics
D) None of these
Correct Answer:
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Q5: An official reduction in the value of
Q6: The value of investment multiplier depends on:
A)APC
B)APS
C)MPC
D)MPS
Q7: Wage cut as a solution of unemployment
Q8: The word macro was first used in
Q9: Personal Disposable income is:
A)Always equal to personal
Q11: Leakages are the factors which:
A)Keep the power
Q12: The phenomenon of increase in money wages
Q13: Which of the following is Keynesian saving
Q14: Usually an IS curve is a -------line.
A)Vertical
B)Downward
Q15: When consumption and income are equal, saving
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