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Part- A 1. In the simple classical model the shape of the centre supply curve is horizontal 2. Classical economists considers aggregate supply as the sole determinant of yield 3. The real balance effect is to a fault known as Pigou effect 4. During a depression, public expenditure should non be decreased 5. The simple 2 sector model with family line and businesses assumes that the aggregate supply curve is perfectly elastic upto the serious employment level of output 6. The expression for the multiplier as suggested by Keynes is 1/1-MPC 7. The multiplier is the ratio of change in income and output to a given change in the level of the spending function 8. Most of the macro economic variables are stock and ply variables 9. The accelerator measures the effect of consumption on the investment. 10. The economy in which the determines are in terms of the acceptable unit of quantify is barter economy 11. The bullion in the form of Time deposits, treasury bills and demand deposits are considered as near money 12. The money that has sterling(prenominal) degree of moneyness but still backsidenot be considered as functional money is Time deposits 13.

The money that is decreed as money by the government is referred to as fiat money 14. High cater money is only banks reserves at the central bank 15. A particular bank in determining where it will addle a particular loan specifically examines its excess reserves 16. Amar has besides completed his graduation . He is looking for a competent job, but the only job that he can mark is that of a cook in a restaurant. This situation can be described as frictional unemployment 17. According to monetarism, another(prenominal) things remaining the same, if the velocity of money increases, there is rise in the price level. 18.Cite an example (variable) that will be at low levels during big H phase of a business cycles inventory 19. The narrow money is... If you trust to get a full essay, order it on our website: Orderessay

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