Indian Fiscal System Questions and Answers for Competitive Exams

Home
General Knowledge
according-to-keynesian-theory-income-determination-full-employment-fall-in-aggregate-demand-causes

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 & Explanation
Answer: Option [A]

⭐ Make GKSeries Your Preferred Source on Google

Add GKSeries as Preferred Source

Read More Economics Solved Questions