Consumption function

Consumption function

Professional Development

10 Qs

quiz-placeholder

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Consumption function

Consumption function

Assessment

Quiz

Social Studies

Professional Development

Practice Problem

Hard

Created by

Sujata Behera

Used 62+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumption function is a functional relationship between

Consumption and aggregate demand

Consumption and disposable income

Income & saving

Price & consumption

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is the component of aggregate demand

Private consumption expenditure

Private investment expenditure

Government expenditure

All of these

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Aggregate supply refers to

National income

Individual income

General Price

All of these

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

AD curve starts

From the origin

Point below the origin

From point above the origin

All of these

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Break -even point is achieved when

C=Y

C=S

Y=S

All of these

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At break-even point, saving is

1

0

Negative

All of these

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At zero level of income ' Consumption is

0

1

Positive

Negative

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