1.             In the Keynesian model, equilibrium aggregate output is determined by

        Keynes believed that an economy may attain equilibrium level of output

1.             According to Keynes, consumption expenditure is determined by

      If the consumption function is expressed as C = a + bY then b represents

 If the consumption function is expressed as C = a + bY then a represents

If the autonomous consumption equals ` 2,000 and the marginal propensity to consume equals 0.8. If disposable income equals ` 10,000, then total consumption will be ` _____

 In the Keynesian cross diagram, the point at which the aggregate demand function crosses the 45-degree line indicates the

 In a closed economy, aggregate demand is the sum of

 The basis of distinction between market price and factor cost is

 If net factor income from abroad is positive, then

1.             The GDP per capita is

Which of the following is an example of transfer payment?

 Mixed income of the self -employed means

 Which of the following is added to national income while calculating personal income?