Question : Which of the following statement are true?

1. According to Keynes, there are two approaches for determining the equilibrium level of income and employment in the economy.
2. In the contest of determination of equilibrium, AD, AS, savings and investment and

Question : Determination of equilibrium level 
 

Question : Macroeconomics deals with which of the following studies?
I. Reasons behind the unemployment of resources.
II. Determination of total output.

Question : In the Keynesian theory of income determination, equilibrium income is achieved when:

Question : Which factor affecting price determination is highlighted in the given statement?
Statement: If the firm aims to maximize profits in the short run then it would fix maximum price for its products.