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Q7: Who propounded Psychological law of consumption<br>A)adam smith<br>B)ricardo<br>C)keynes<br>D)pigou
Q8: The concept of effective demand is associated
Q9: Keynes assumed the presence of --------- economy
Q11: Demand-pull inflation may be caused by:<br>A)an increase
Q12: Which of the following cannot be included
Q13: Entrepreneurs will have no tendency to expand
Q14: In the linear consumption function C =
Q15: Inflation:<br>A)always reduces the cost of living<br>B)always reduces