Multiple Choice
The concept of effective demand is associated with the name of:
A) marshall
B) keynes
C) krugman
D) adam smith
Correct Answer:

Verified
Correct Answer:
Verified
Q2: 1- MPC is called:<br>A)apc<br>B)aps<br>C)mpc<br>D)mps
Q3: Self interest, competition, profit motive are the
Q4: Effective demand is that demand when:<br>A)aggregate demand
Q5: Who repudiated Say's law of market?<br>A)j.b. say<br>B)david
Q6: The expected return on investment is called:<br>A)marginal
Q8: As income increases consumption also increases, but:<br>A)proportionately<br>B)more
Q9: J.B. Say was a ---------------Economist.<br>A)swedish<br>B)german<br>C)french<br>D)american
Q10: Exports minus imports is termed as:<br>A)net income<br>B)net
Q11: In the Classical system, the role of
Q12: APC + APS is equal to:<br>A)0<br>B)>0<br>C)1<br>D)<0