The concept of effective demand is associated with the name of

Related MCQs

• “Effective demand is different from aggregate demand”. This statement is:
• When demand curve is rectangular hyperbola, the value of price elasticity of demand will be:
• Which one of the following definition of Economics is associated with the name of Lionel Robbins?
• Which policy is effective in the Classical range?
• Which policy is effective in the Keynesian range?
• Which policy is effective in the intermediate range?
• When individuals income falls (everything remain the same) his demand for an inferior good
• In the fundamental theorem of consumption and to prove the law of demand, Samualson uses
• Other things being equal a decrease in demand can be caused by
• When individuals income rises (everything remain the same) his demand for a normal good