20. The short-run aggregate curve of Keynesian is:
(a) negatively sloped (b) sloped upward(c) sloped downward (d) positively sloped
20. The short-run aggregate curve of Keynesian is: Read More »
19. According to Keynes, the thinking of economists and political philosophers are deemed superior to those of common man as if:
(a) they are right (b) they are wrong(c) whether right or wrong (d) none of these
18. Under rule approach, main stress is made on:
(a) monetary policy (b) bankers policy(c) fiscal policy (d) consumer policy
18. Under rule approach, main stress is made on: Read More »
17. If the level of real prices gets different from targeted level, the
(a) money supply (b) prices(c) money demand (d) income
17. If the level of real prices gets different from targeted level, the Read More »
16. If the target regarding GDP is set, the changes in V can:
(a) not be adjusted(b) not be beneficial(c) be adjusted (d) be reserved
16. If the target regarding GDP is set, the changes in V can: Read More »
15. The discretionary policy, If given in the hands of politicians will:
(a) be beneficial (b) be futile (c) not be beneficial(d) none of these
15. The discretionary policy, If given in the hands of politicians will: Read More »
14. If policy makers in anticipation announce the reaction of a policy about
(a) rule approach(b) real approach(c) rational approach(d) none of these
14. If policy makers in anticipation announce the reaction of a policy about Read More »
13. According to Robert Lucas critique, the traditional estimates regarding sacrifice ratio are:
(a) trustworthy(b) lot trustworthy(c) adaptable (d) none of these
12. Sacrifice ratio analyzed on the basis of traditional method depends upon adaptive expectations which fail to calculate costs of:
(a) increasing inflation (b) constant inflation(c) reducing inflation(d) none of these
11. The percentage point fall in GDP in order to control one percentage point inflation is called:
(a) capital ratio (b) wage ratio(c) sacrifice ratio(d) economic ratio