Consumption function

Consumption function is a functional relationship between

• Consumption and aggregate demand

• Consumption and disposable income

• Income & saving

• Price & consumption

Which one is the component of aggregate demand

• Private consumption expenditure

• Private investment expenditure

• Government expenditure

• All of these

Aggregate supply refers to

• National income

• Individual income

• General Price

• All of these

AD curve starts

• From the origin

• Point below the origin

• From point above the origin

• All of these

Break -even point is achieved when

• C=Y

• C=S

• Y=S

• All of these

At break-even point, saving is

• 1

• 0

• Negative

• All of these

At zero level of income ' Consumption is

• 0

• 1

• Positive

• Negative

At zero level of income , the level of consumption is known as

• Induced consumption expenditure

• Autonomous consumptionexpenditure

• Both a &b

• None of these

When income is zero, saving is

• Positive

• Negative

• 1

• None of these

After break - even point saving is

• 2

• Negative

• Positive

• 1

• 0