Indian Fiscal System Questions and Answers for Competitive Exams

Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

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]

Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Read More Economics Solved Questions

Assam Direct Recruitment Test Series