
consumption function
Quiz
•
Other
•
12th Grade
•
Medium
commerce commerce
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
AD curve starts
from the orgin
point below the origin
from point above the origin
none of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Break-even point is achieved when
consumption = saving
consumption=investment
national income>consumtionp
national income=consumption
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Average propensity to consume means
tendency of the consumer towards higher consumption
ratio of total consumption to total income
level of income at which consumption expenditure is equal to income
additional income to be spent on consumption
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is correct
MPC+MPS=1
1-MPC=MPS
1-MPC=MPS
ALL OF THESE
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
MPC is expressed as
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If MPC is 0.25 then MPS will be
0.75
0.25
1.25
0
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If disposable income is 100 and expenditure is 80 find out APS
0.2
0.50
0.8
0.3
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