Multiple Choice
Exports minus imports is termed as:
A) net income
B) net imports
C) net exports
D) national income
Correct Answer:
Verified
Correct Answer:
Verified
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
Q7: The concept of effective demand is associated
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
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
Q13: Multiplier is obtained by:<br>A)1 - mpc<br>B)1/1- mps<br>C)1/1-
Q14: The proportion between total income and total
Q15: The proportion between incremental income and incremental