Multiple Choice
According to Keynes the most important determinant ofinvestment
A) mec
B) effective demand
C) aggregate demand
D) rate of interest
Correct Answer:

Verified
Correct Answer:
Verified
Q10: In the Keynesian two sector model, when
Q11: Keynes considered subjective and objective factors:<br>A)important determinants
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
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