Multiple Choice
In Keynesian terminology, investment means:
A) financial investment
B) real investment
C) induced investment
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q8: According to Keynes, saving is:<br>A)private virtue but
Q9: In the Keynesian two sector model, when
Q10: Keynes considered subjective and objective factors:<br>A)important determinants
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
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
Q18: In the Keynesian two sector economy, AD<AS,