Monetary Economics — Economics STD 12 — Question

Pick the odd one out : The Say’s law of Market Assumptions are –

Assertion (A): The Income method is called Factor Earning Method.
Reason (R): This method approaches National Income from the distribution side.

(i) Keynes propounded the fundamental psychological law of consumption.
(ii) J.M. Keynes has divided factors influencing the consumption function.

Extreme inequality is prevented in ……………………… system.

Imports of India may be divided into ……………………….. parts.

Which of the following is not correctly matched

Match the following :
A. Nominal Income – (i) Factor earning method
B. Production – (ii) National Income
C. Income Method – (iii) Final value of goods
D. Expenditure Method – (iv) Value added method

The simple accelerated model was made by J.M. Clark in ……………………

The rate of interest of every Central bank is known as …………………………

…………………….. such as irrigation, iron and steel, heavy machinery, power, tele communications, etc.