Which of the following statements does not hold true in case of the K – McqOptions

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1.	Which of the following statements does not hold true in case of the Keynesian economics?
A.	velocity of money is an unstable function of its determinant
B.	labor is subject to money illusion
C.	as function tends to become flat at levels of output well below full employment and to become steeper ad full capacity is reached
D.	as schedule is vertical, and output, and employment are completely supply determined.
Answer» E.

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