Macro Economics - II

Marxian Theory of Distribution is mainly an adaptation of the ___________ Principle

• Additional

• Surplus

• Value

• Multuple

Surplus value is the driving force of capitalism

• True

• False

Who developed a theory of income distribution in the Keynesian framework.

• Kaldor

• Maxian

• Ricardo

• Say

Kaldor not assumed the full employment

• True

• False

Main instruments of macro economic policies are ______________

• income & expenditure

• import & export

• monetary & fiscal

• assets & liabilities

The price stability does not mean the prices remain unchanged

• True

• False

________________ growth implies qualitative and quantitative increase in teh quantity of googs and services produced in the country

• Agricultural

• Economic

• Industrial

• Technical

A high rate of economic growth provides more employment opportunities

• True

• False

_______________ balance of payments leads to outflow of capital and gold to other countries

• favourable

• unfavourable

• deficit

• surplus

There is no conflict between price stabilization and Economic growth

• True

• False