Economics Quiz

It refers to planned expenditure on purchase of domestically produced goods and services during an accounting year....

• Market demand

• Aggregate demand

• Individual demand

• None of these

Which of the following are components of AD?

• Private final consumption exp

• Private final investment expenditure

• Govt exp

• net export

• None of these

In two sector economy AD IS EQUAL TO

• C+ I

• C+G

• C+X-M

• None of these

Private consumption expenditure is done by

• Producer sector

• Household sector

• Govt sector

• None of these

Which investment is called induced investment?

• Govt expenditure

• Private investment

• Consumption expenditure

• None of these

Private investment expenditure depends on

• Income

• Market rate of interest

• Both

• None of these

In income increases than consumption expenditure will

• Decrease

• Increase

• No change

• None of these

Which of the following statements are true?

• C curve is upward sloping from right to left

• AD curve will originate from point of origin

• I curve is parallel to X axis

• AD curve lie below C and I curves

AD curve is upward sloping straight line from left to right. What does it indicates?

• Negative relation between AD AND Y

• Positive relation between Y and AD

• No relation between AD and Y

• None of these

A table which shows combined behaviour of C and I corresponding to different level of income is called

• Aggregate demand schedule

• Aggregate Investment schedule

• Aggregate Consumption schedule

• None of these