. Which of the following statement is incorrect,-In simple Keynesian model * O MPC+MPS=1 O APC+ APS=1 O Both (a) and (b) O Neither (a) nor (b)
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Answered by
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Answer:
i dont know the answer dear
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3
Simple Keynesian model
Explanation
In simple keynesian model there is no APC+APS =1 and MPC+MPS = 1
So the correct answer is B) neither (a) nor (b)
Because
- APC is not more than one.
- Keynesian analysis is a short run analysis.
- Investment is fixed or function level of income.
- Demand curve intersects supply curve.
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