MEDIUM
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What refers to a situation when AD is equal to AS beyond the full employment level.
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Important Questions on Determination of Income and Employment
EASY
According to Keynesian Theory, equilibrium level of income is determined at a level when:
MEDIUM
What is autonomous consumption in the consumption function?
HARD
Cash reserve ratio is the share of a bank's total _____ to be maintained as _____ in the form of liquid cash as per the guidelines of RBI.
HARD
Break-even point in the folllowing diagram is represented by:
HARD
According to Keynes what causes changes in induced investment by entrepreneurs?
HARD
Which of the following is true in the context of investment?
EASY
In case of an underemployment equilibrium, which of the following alternative is not true? (Choose the correct alternative)
EASY
According to Keynes, there are _____ Approaches for determining the equilibrium level of income and employment in the economy.
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What are the three methods used to calculate national income?
HARD
The sum of marginal propensity _____ and marginal propensity _____ is always equal to one.
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When aggregate demand is greater than aggregate supply, inventories:
EASY
Break-even point is achieved when
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Voluntary _____ is that part of the working force not willing to engage itself in gainful _____.
EASY
When planned saving is less than planned investment, it indicates a situation when:
EASY
_____ refers to actual savings in an economy during a year.
MEDIUM
At equilibrium level:
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When planned saving is less than planned investment, then national income is likely to _____.
EASY
Inventories accumulate when planned investment is _____ than planned saving.
HARD
_____ supply is the money value of total supply of goods and services available for _____ by an economy.
EASY
When Planned Saving is less than Planned Investment, then:
