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Determination of Income and Employment
- Online Test
Determination of Income and Employment
TEST : 3
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q1.
The saving is negative at
A.
Maximum level of Income
B.
High level of Income
C.
Zero level of Income
D.
Low level of Income
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Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q2.
In S= -a+ (1-b) Y, -a represents
A.
The amount of dissavings done when there is zero level of income.
B.
The amount of savings done when there is high level of income.
C.
The amount of dissavings done when there is high level of income.
D.
The amount of savings done when there is zero level of income.
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q3.
The coefficient (1-b) measures the
A.
Slope of the consumption function
B.
Slope of the dissaving function
C.
Slope of the saving function
D.
Slope of the sales function
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q4.
If income is Rs 1000 and consumption expenditure is Rs 1200, APS will be
A.
-0.5
B.
0.2
C.
0.4
D.
0.3
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q5.
If APC is 0.7 then APS will be
A.
0.3
B.
1
C.
0.4
D.
0.7
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q6.
The important factor influencing the propensity to consume in an economy is
A.
The level of income (Y)
B.
The level of investment
C.
The level of consumption
D.
The level of savings
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q7.
The important factor influencing the propensity to save in an economy is
A.
The level of investment
B.
The level of consumption
C.
The level of income (Y)
D.
The level of savings
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q8.
The savings function derived from the consumption function c=-a+by is
A.
S= -a+(1-b)Y
B.
S=Y-(a+bY)
C.
S=Y-(a+b)Y
D.
S=Y+(a+bY)
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q9.
The slope of the saving function gives the
A.
The amount of dissavings done when there is high level of income.
B.
Increase in savings per unit increase in the income.
C.
The amount of dissavings done when there is zero level of income.
D.
The amount of savings done when there is high level of income.
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q10.
The coefficient (1-b) is also known as
A.
MPC
B.
K
C.
MPS
D.
1-MPS
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
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