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Banking System and Capital Market Questions and Answers for Competitive Exams

Q.

According to Keynes, business cycle are due to variation in the rate of investment caused by fluctuations, in the

[A] Marginal propensity to save
[B] Marginal propensity to consumption
[C] Marginal efficiency to investment
[D] Marginal efficiency of capital

Answer & Explanation

Answer: Option [D]

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