12. If the stock of capital increases, the MEC:
(a) falls (b) rises(c) remains same (d) becomes zero
12. If the stock of capital increases, the MEC: Read More »
45. In classical model, if the price of necessary raw material decreases, the demand for labor will:
(a) decrease (b) increase(c) remain same(d) none of these
44. When the nominal money supply is fixed and due to fall in prices, the real money supply increases. Then the rate of interest will:
(a) increase (b) decrease(c) become zero(d) remain same
43. In liquidity trap when prices fall due to cut in monetary wages, economy will attain:
(a) inflation (b) poverty(c) unemployment (d) deflation
42. Due to decrease in price of raw material in Keynesian model, real wages will:
(a) decrease (b) increase(c) remain same (d) none of these
42. Due to decrease in price of raw material in Keynesian model, real wages will: Read More »
41. In Keynesian model, due to rise in demand for labour, real wages will:
(a) decrease (b) become zero(c) increase (d) remain same
41. In Keynesian model, due to rise in demand for labour, real wages will: Read More »
40. In Keynesian model, the level of income will move to above full employment due to
(a) increase in govt. expenditure(b) decrease in govt. expenditure(c) increase in taxes(d) decrease in taxes
40. In Keynesian model, the level of income will move to above full employment due to Read More »
39. The real wages will increase in Keynesian model, when prices fall due to:
(a) excess demand (b) high income(c) excess supply (d) low income
39. The real wages will increase in Keynesian model, when prices fall due to: Read More »
38. The monetary wages in Keynesian model are:
(a) edible (b) variable(c) fixed (d) rigid
38. The monetary wages in Keynesian model are: Read More »
36. In classical model, if money supply is increased, real wages will:
(a) fall (b) increase(c) remain same(d) none of these
36. In classical model, if money supply is increased, real wages will: Read More »