Theories of Output and Employment MCQ
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Theories of Output and Employment MCQ
1. Excess demand for money, according to Say’s law in the Economy:
2. Which of the following is not an assumption of classical theory?
3. In classical theory the equality between saving and investment is brought about by:
4. The normal condition of a capitalist economy in classical theory is:
5. In classical theory of employment, there is the possibility of:
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6. “Supply creates its own demand “is a law of:
7. According to classical economists, variations in savings are due to:
8. Supply creates its own demand is the Basis of:
9. Which policy is effective in the Keynesian range?
10. When output exceeds spending:
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