Who stated that “a sudden collapse of the marginal efficiency of capital leads to crisis”

Related MCQs

• Who stated, “Bad money drives good money out of circulation, when both of them are full legal tender”?
• Who stated, “Money is what money does”?
• Who stated that “Trade Cycle is purely a monetary phenomenon”.
• Inflation leads to
• Which of the following is phenomenon that leads to Hyperinflation?
• The Solow’s growth model assumes that the two factors of production labour and capital are paid according to
• The technique of production in which the amount of capital used per unit of labour is larger than that of labour is known as
• Assuming that 3 units of capital are required to produce 1 unit of output, then capitaloutput ratio would be
• The incremental capital-output ration (ICOR) refers to the
• Capital-output ratio is determined by