Multiple Choice
The MEC increases when:
A) capitalstock increases
B) capitalstock decreases
C) capital remains constant
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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
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,
Q19: Value of MPC is<br>A)>1<br>B)<1<br>C)0<br>D)0? mpc ?1