Which statement(s) is/are correct according to Keynesian employment theory?

I. The total income of a country depends on its total employment.

II. The total employment depends on aggregate effective demand.

III. Long-term aggregate demand always equals to long-term aggregate supply.

IV. The use of money is taken as medium of exchange.

1
I and II only
2
II and III only
3
III and IV only
4
II only

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation