As the 20th Century Approached,the Population of Indians Was Only

question 16

Multiple Choice

As the 20th century approached,the population of Indians was only:

• A) 2 million.
• B) 240,000.
• C) 500,000.
• D) 100,000.

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Definitions:

Keynesian Analysis

This approach focuses on the total spending in the economy and its effects on output and inflation, as per the theories of economist John Maynard Keynes.

Macroeconomic Equilibrium

A state in which aggregate supply equals aggregate demand, leading to an economy operating at its full capacity.

Aggregate Purchases

The total amount of goods and services bought in an economy over a specific period of time.

Average Price Level

A measure of the overall level of prices of goods and services in an economy over a period of time.