Multiple Choice
Net investment is
A) value of gross minus subsidies
B) investment after providing for depreciation
C) value of gross output before providing forsubsidies
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q12: In Keynesian terminology, investment means:<br>A)financial investment<br>B)real investment<br>C)induced
Q13: Schedule that expressesrelationship between rate of interest
Q14: According to Keynes, saving is:<br>A)private virtue but
Q15: According to Keynes the most important determinant
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: The MEC increases when:<br>A)capitalstock increases<br>B)capitalstock decreases<br>C)capital remains
Q18: Rate of change in savings to change
Q19: Keynesian economics is:<br>A)macro<br>B)micro<br>C)both<br>D)none
Q20: In a two sector economy, aggregate demand
Q21: Value of MPC is<br>A)>1<br>B)<1<br>C)0<br>D)0? mpc ?1