Interest flexibility brings equality between __________

(a)

Income and consumption

(b)

Saving and investment

(c)

Demand and supply

(d)

Labour and capital

Full employment as "that level of employment at which any further increase in spending would resort in an inflationary spiral of wages and prices" who quote this above concept.

(a)

J.M. Keynes

(b)

Lerner

(c)

J.B. Say

(d)

All the above

Keynes theory of employment and income is the principle of ____________

(a)

Reflective demand

(b)

Market demand

(c)

Effective demand

(d)

Individual demand

Effective demand equals to ____________

(a)

National income

(b)

Gross income

(c)

Total income

(d)

Net income

The entrepreneur would be encouraged to employ ________________

(a)

more labour

(b)

more income

(c)

more product

(d)

more capital