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WorksheetsEconomics Quiz
Total questions: 20
Worksheet time: 10mins
It refers to the ratio of total consumption to total income.
APS
MPC
MPS
APC
It refers to the ratio of total savings to total income.
APC
APS
MPC
MPS
Which of the following can be negative?
APC
MPC
MPS
APS
When APC will be greater than one?
When Y<C
When Y= C
When Y >C
None of these
Which of the following can never be negative?
APC
MPC
APS
MPS
What is the formula of APC?
C/S
S/Y
C/Y
None of these
What is the formula of APS?
S/C
Y/S
S/Y
None of these
If APC is 0.45 than APS will be??
0.56
0.58
0.45
0.55
The sum of APC AND APS is always equal to______?
2
1
0
None of these
If C= Y , than value of APS will be
1
Less than 1
0
None of these
IF savings is (-)500 and income is 2000 , what will be value of APC?
1.52
1.2
1.25
None of these
ΔC/ΔY is the formula of ________.
MPS
APS
APC
MPC
The ration of change in savings to change in income is called
APS
MPS
APC
MPC
Initially the income was 5000 and consumption was 3000. If income increase by 2000 than consumption increases to 4500 . What is the value of MPC and MPS respectively?
0.25 and 0.75
0.6 and 0.4
0.9 and 0.1
0.75 and 0.25
The slope of consumption curve is indicated by
MPS
APC
MPC
APS
APS will be negative when _______.
When Y> C
Y= C
When Y < C
None of these
If APS is 0. 25 and Income is 2000 . What will be the value of consumption?
500
1500
150
None of these
If income increases by 6000 and consumption increases by 2000. What will be the value of MPS
0.6
0,67
0.76
None of these
At break even point what will be the value of APS
1
0
Less than 1
None of these
If savings increases from (-50) to (-) 30 due to increase in income of 200. What will be the value of MPC?
0.1
0.9
0.8
None of these
