Multiple Choice
Which of the following cannot be included among the remedies of inflation?
A) better capacity utilization
B) by making low bank rate
C) by reducing budget deficit
D) by making high bank rate
Correct Answer:
Verified
Correct Answer:
Verified
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
Q10: When MPS = 0.2, MPC will be<br>A)0.8<br>B)0.2<br>C)1.2<br>D)20
Q11: Demand-pull inflation may be caused by:<br>A)an increase
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
Q16: How the inflation can be checked temporarily?<br>A)increase
Q17: What is the cause of inflation?<br>A)if money