Multiple Choice
Who postulated the law Supply creates its own demand
A) Keynes
B) J B say
C) Marshall
D) Pigou
Correct Answer:

Verified
Correct Answer:
Verified
Q7: According to Keynes, saving is:<br>A)Private virtue but
Q8: In the Keynesian two sector economy, AD<AS,
Q9: MEC is inversely related to:<br>A)Prospective yield<br>B)Supply price<br>C)Investment<br>D)Rate
Q10: Autonomous investment is<br>A)Income inelastic<br>B)Instable<br>C)Interest elastic<br>D)Income elastic
Q11: In the Keynesian two sector model, when
Q13: When disposable income rises from Rs 500
Q14: In the Keynesian two sector economy, AD>AS,
Q15: Schedule that expresses relationship between rate of
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: In a two sector economy, aggregate demand