Multiple Choice
The MEC increases when:
A) capitalstock increases
B) capitalstock decreases
C) capital remains constant
D) none of the above
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
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
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