Multiple Choice
Keynesian economics is:
A) macro
B) micro
C) both
D) none
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
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
Q22: Net investment is<br>A)value of gross minus subsidies<br>B)investment