Multiple Choice
According to Keynes, saving is:
A) private virtue but not social virtue
B) private and social virtue
C) is neither private virtue nor social virtue
D) is either social virtue or private virtue
Correct Answer:

Verified
Correct Answer:
Verified
Q3: According to Keynes the most important determinant
Q4: In the equation C = 60 +
Q5: When disposable income risesfrom Rs 500 to
Q6: Schedule that expressesrelationship between rate of interest
Q7: Rate of change in savings to change
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
Q13: In Keynesian terminology, investment means:<br>A)financial investment<br>B)real investment<br>C)induced