According to John Maynard Keynes, which one of the following statements is correct for a closed economy operating at less than full employment level of output?
As per Keynes, Investment determines savings for a closed economy. And changes in money have no impact on the output, only change in real variables can affect output. Moreover, speculative demand for money is determined by the interest rate.
In a classroom there are 15 boys and 12 girls. Average age of each boy and each girl is 23 years and 17 years respectively. The sum of ages of all the b...
Sum of the present ages of A, B, C and D is 55 years. After 5 years ratio of their ages is 5:4:3:3. What is C’s present age?
‘A’ is 4 years younger than ‘B’ and 6 years elder than ‘C’. If the present age of ‘B’ and ‘D’ is 28 years and 20 years, respectively...
Arjun is three years senior to Binny, who is twice as old as Chinu. If the average age of Arjun, Binny, and Chinu is 21 years, what is the age differenc...
The current age of B is 40% greater than the present age of 'V'. The age of 'V' five years from now will be the same as the age of 'B' five years ago. D...
The ratio of age of Sahil and his son is 7:2. If the difference of their ages 7 year ago was 25, then find the sum of ages of Sahil and his son 12 year...
The ratio of the present ages of P and Q is 8:5 respectively. If the age of P 10 years hence from now will be 100% more than the age of Q 4 years ago fr...
The total age of A, B and C five years hence will be 84 years. Find the age of C three years hence, if the present age of A and B is 34 years and 23 yea...
The ratio of age of A and B after 8 years is 4:5 respectively. The ratio of age of A and C 6 years ago is 3:4 respectively. If the present average age o...
The present age of A is 7/5 times to that of his marriage age. Present age of his brother is 1/2nd of his present age. If A was married 20 years ago the...
