State whether the following statement is true or false:
‘‘As per Keynesian theory in an economy, full employment can never exist.’’
CBSE 58-1-1 PAPER SET 2020
Download our app for free and get startedPlay store
False.
art

Download our app
and get started for free

Experience the future of education. Simply download our apps or reach out to us for more information. Let's shape the future of learning together!No signup needed.*

Similar Questions

  • 1
    Are the following statements true or false? Give reasons.
    Rise in revenue deficit will always lead to higher fiscal deficit.
    View Solution
  • 2
    Are the following statements true or false? Give reasons.
    Government budget is a statement of actual receipts and payments of the government.
    View Solution
  • 3
    Fiscal Deficit = Total expenditure - Total receipts (True/ False)
    View Solution
  • 4
    Are the following statements true or false? Give reasons.
    Fiscal deficit is non-inflationary.
    View Solution
  • 5
    Expenditure on interest payment is a capital expenditure. (True/ False)
    View Solution
  • 6
    Primary Deficit = Fiscal deficit + Interest payment (True/ False).
    View Solution
  • 7
    Are the following statements true or false? Give reasons.
    Expenditure made on the development of a railway line is a capital expenditure.
    View Solution
  • 8
    Borrowing from the general public leads to an increase in revenue deficit. (True/ False)
    View Solution
  • 9
    Capital receipts do not reduce assets of the government. (True/ False)
    View Solution
  • 10
    When total expenditure = 55,250, total receipts = 46,400, revenue receipts = 8,200 and borrowings = 9,000, then fiscal deficit = 650. (True/ False)
    View Solution