Determination of Income and Employment

Autonomous Consumption is __________________ related to the level of Income.

• Totally

• Inversely

• Positively

• Not

In Determination of Equilibrium level of Income by AD-AS approach, AD is represented by:-

• C + I

• C + S

• S + I

• C + Y

investment Multiplier and MPS are_________________ Related

• Directly

• Inversely

• Not

• Cannot be determined

Average propensity to Consume is equal to :-

• Y/C

• ΔY/ΔS

• C/Y

• ΔC/ΔY

What is the Value of MPS if MPC is given as 0.85

• 0.25

• 0.35

• 0.15

• 0.85

Slope of Consumption Function is called:

• Autonomous Consumption

• MPC

• APC

• APS

What is the Value of Multiplier When S = -100 + 0.2 Y (SAVING FUNCTION)

• 0.5

• 1.5

• 5.0

• 4.0

The GAP by which the Aggregate Demand has exceeded the the AD that is required for Full Employment Equilibrium, It is called as :-

• Inflationary GAP

• Deflationary GAP

• Underemployment GAP

• None of these

The Maximum value of MPC can be:-

• 0.5

• Infinity

• 1

• 0

Autonomous Investment curve looks like:-

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• 
•