Multiple Choice
Keynes considered subjective and objective factors:
A) important determinants of consumption
B) unimportant determinants of consumption
C) determinants of investment
D) determinants of business's willingness to pay
Correct Answer:

Verified
Correct Answer:
Verified
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
Q10: In the Keynesian two sector model, when
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