Question
Who is/are the author/s of the book ‘The General
Theory of Employment, Interest and Money’?Solution
The General Theory of Employment, Interest and Money is a book by English economist John Maynard Keynes published in February 1936. It caused a profound shift in economic thought, giving macroeconomics a central place in economic theory and contributing much of its terminology – the "Keynesian Revolution".
Type II error occurs when
If money is neutral,
What does the elasticity of substitution depict?
When oligopolistic firms co-operate and work as cartel, then output produced is ______ than perfect competition and ______ to Monopoly
According to the Quantity Theory of Money (QTM), what is the effect of a change in the velocity of money on the price level in the long run?
When the slope of average cost is negative then which of the following holds true?
What is the output elasticity of labour in the following production function?
Q = 10L0.5K0.5
In an economy, S=-100+0.6Y is the saving function. If investment expenditure is 1100. Calculate consumption expenditure at equilibrium level of nationa...
A budget that has both capital receipts and capital expenditure is called:
A regressive tax structure implies that the average tax rate:
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