Multiple Choice
In the Keynesian two sector model, when AD = AS, then:
A) sB) s>i
C) s=i
D) i=0
Correct Answer:

Verified
Correct Answer:
Verified
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
Q9: When disposable income risesfrom Rs 500 to
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
Q15: According to Keynes the most important determinant