Q. Who repudiated Say’s law of market?
✅ Correct Answer: (D)
J.M. Keynes
General Economics MCQs and Notes
Q. J.B. Say was a ---------------Economist.
✅ Correct Answer: (C)
French
Q. Say’s Law of market was proved wrong by:
✅ Correct Answer: (B)
Great Depression
Q. Wages and prices are ----------, according to the Classicals.
✅ Correct Answer: (B)
Flexible
Q. Wear and tear of capital due to constant use means:
✅ Correct Answer: (C)
Depreciation