WorksheetsINCOME DETREMINATION
Total questions: 10
Worksheet time: 2mins
Name
Class
Date
1.
MPC=
a)
change in consumption/change in income
b)
income/consumption
2.
Components of Aggregate demand are
a)
Consumption(C) & Investment(I)
b)
Consumtion(C) & saving(S)
3.
National income is determined where
a)
AD=AS
b)
AD+AS
4.
Autonomous consumption is equal to
a)
Saving
b)
Dissaving
5.
Y=C+=?
a)
Saving(S)
b)
Export(X)
6.
APC+APS=?
a)
1
b)
zero
7.
Investment multiplier=
a)
change in income/change in investment
b)
income/saving
8.
Relation between Multiplier and MPC=
a)
Direct
b)
Inverse
9.
Two components of AS(Aggregate supply) are
a)
C+G
b)
C+S
10.
To reduce infaltionary gap Bank rate should be
a)
increased
b)
Decreased
100 %
