Multiple Choice
MEC isinversely related to:
A) prospective yield
B) supply price
C) investment
D) rate of interest
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Schedule that expressesrelationship between rate of interest
Q7: Rate of change in savings to change
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
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