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Author Question: In the Keynesian model, to understand the determination of income and employment it is necessary to ... (Read 66 times)

bobthebuilder

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on: Jun 29, 2018
In the Keynesian model, to understand the determination of income and employment it is necessary to understand
 
  A) how aggregate supply is determined.
  B) how aggregate demand is determined.
  C) how long-run aggregate supply is determined.
  D) how interest rates are determined.

Question 2

The key feature of monopolistic competition is
 
  A) interdependence of the firms.
  B) lack of advertisement.
  C) product differentiation.
  D) the small number of firms in the industry.


fromAlphatoOmega22

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


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