Multiple Choice
When disposable income risesfrom Rs 500 to Rs 600 and consumption expenditure changes from Rs 470 to Rs 560, MPC will be equal to
A) 900
B) 100
C) 0.9
D) 1
Correct Answer:
Verified
Correct Answer:
Verified
Q4: Which of the following can cause shifts
Q5: Keynesian economics is also known as:<br>A)supply side
Q6: MEC isinversely related to:<br>A)prospective yield<br>B)supply price<br>C)investment<br>D)rate of
Q7: In the Keynesian two sector economy, AD<AS,
Q8: MEC is directly related to<br>A)prospective yield<br>B)supply price<br>C)rate
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