List A gives names of economists and List B gives concept related with economists: List AList B (I) J.…
J. M. Clark is associated with the acceleration principle, while R. F. Kahn is associated with the employment multiplier. J. M. Keynes wrote How to pay for war, and Robert…
Choose your answer
List A gives names of economists and List B gives concept related with economists:
| List A | List B |
|---|---|
| (I) J. M. Clark | (a) Employment Multiplier |
| (II) R. F. Kahn | (b) How to pay for war |
| (III) J. M. Keynes | (c) Business Acceleration and Law of Demand (1917) |
| (IV) Robert E. Lucas | (d) Expectations and the Neutrality of Money (1972) |
Choose the correct match of List A and List B :
Answer and explanation
Correct answer A
J. M. Clark is associated with the acceleration principle, while R. F. Kahn is associated with the employment multiplier. J. M. Keynes wrote How to pay for war, and Robert E. Lucas wrote Expectations and the Neutrality of Money.
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Madhya Pradesh SET (MP SET)