Multiple Choice
In the Keynesian two sector economy, AD Correct Answer: Verified
A) s=i
B) s>i
C) s
Q11: MEC isinversely related to:<br>A)prospective yield<br>B)supply price<br>C)investment<br>D)rate of
Q12: According to Keynes the most important determinant
Q13: In Keynesian terminology, investment means:<br>A)financial investment<br>B)real investment<br>C)induced
Q14: The MEC increases when:<br>A)capitalstock increases<br>B)capitalstock decreases<br>C)capital remains
Q15: Which of the following can cause shifts
Q16: APC is determined by the following equation:<br>A)c/y<br>B)s/y<br>C)?c/?y<br>D)?s/?y
Q17: MEC is directly related to<br>A)prospective yield<br>B)supply price<br>C)rate
Q19: Value of MPC is<br>A)>1<br>B)<1<br>C)0<br>D)0? mpc ?1
Q20: Keynesian economics is:<br>A)macro<br>B)micro<br>C)both<br>D)none
Q21: Keynesian economics is also known as:<br>A)supply side