Determination of Income and Employment - Online Test

Q1. C= -c+b(Y) is a
Answer : Option D
Explaination / Solution:
No Explaination.


Q2. The investment demand function is
Answer : Option B
Explaination / Solution:
No Explaination.


Q3. The level of equilibrium income is determined by
Answer : Option A
Explaination / Solution:
No Explaination.


Q4. The level of equilibrium income is also determined by
Answer : Option C
Explaination / Solution:
No Explaination.


Q5. Multiplier tells us what will be the
Answer : Option A
Explaination / Solution:
No Explaination.


Q6. Autonomous consumption is assumed to be at
Answer : Option A
Explaination / Solution:
No Explaination.


Q7. APC= 1-APS. It is
Answer : Option D
Explaination / Solution:
No Explaination.


Q8. APS= 1+APC. It is
Answer : Option C
Explaination / Solution:
No Explaination.


Q9. MPC+MPS should always be equal to 1
Answer : Option A
Explaination / Solution:
No Explaination.


Q10. MPC= 1-MPS. It is
Answer : Option A
Explaination / Solution:
No Explaination.