1.

According to Keynesian theory of income determination, at full employment, a fall in aggregate demand causes (a) A fall in prices of output and resources (b) A fall in real gross National product and employment (c) A rise in real gross National product and investment (d) A rise in prices of output and resources

Answer»

According to Keynesian theory of income determination, at full employment, a fall in aggregate demand causes a fall in prices of output and resources. 



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