

MCQOPTIONS
Saved Bookmarks
1. |
According to Keynesian theory of income determination, at full employment, a fall in aggregate demand causes |
A. | a fall in prices of output and resources |
B. | a fall in real gross National product and employment |
C. | a rise in real gross National product and investment |
D. | a rise in prices of output and resources |
Answer» B. a fall in real gross National product and employment | |