Economics · Macroeconomics (Business Cycles)
Keynes attributed business cycles primarily to fluctuations in investment, which in turn is caused by changes in:
- 1Consumer spending and MPC
- 2The Marginal Efficiency of Capital (MEC)✓
- 3The rate of interest alone
- 4The money supply
Correct answer
The Marginal Efficiency of Capital (MEC)
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Macroeconomics (Business Cycles)?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics (Business Cycles)