Question
According to John Maynard Keynes, which one of the
following statements is correct for a closed economy operating at less than full employment level of output?Solution
As per Keynes, Investment determines savings for a closed economy. And changes in money have no impact on the output, only change in real variables can affect output. Moreover, speculative demand for money is determined by the interest rate.
Panchayat was added to our constitution through which amendment?Â
As an air bubble ascends from the bottom of a lake to the surface, what happens to its size?
What is the cause of hypermetropia?
Which function is performed by rectifiers?
In the atmosphere ultraviolet rays are absorbed by –
Which Instrument is used to measure depth of ocean?
Which of the following does NOT exemplify Potential Energy?
‘Therm' is the unit of –
The SI unit of Pressure is
What is the term for the center of the reflecting surface of a spherical mirror?