Wages and prices do not adjust quickly to restore general equilibrium is a property of

Question:

Wages and prices do not adjust quickly to restore general equilibrium is a property of

A.

classical economics

B.

keynesian economics

C.

monetary economics

D.

supply side economics

Answer» b. keynesian economics

Note: The above multiple-choice question is for all general and Competitive Exams in India

The value of the unknown for which equation is true is called ——– of the equation.

Question:

The value of the unknown for which equation is true is called ——– of the equation.

A.

explanation

B.

variable

C.

solutions

D.

none of the above

Answer» c. solutions

Note: The above multiple-choice question is for all general and Competitive Exams in India

Keynes considered subjective and objective factors:

Question:

Keynes considered subjective and objective factors:

A.

Important determinants of consumption

B.

Unimportant determinants of consumption

C.

Determinants of investment

D.

Determinants of business’s willingness to pay

Answer» b. Unimportant determinants of consumption

Note: The above multiple-choice question is for all general and Competitive Exams in India