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Ex-Ante depicts what has been planned, and Ex-Post depicts what has actually happened. 

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Important Questions on Determination of Income and Employment

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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
The summation of MPC and _____ have the value of equal to 1.
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
Cash reserve ratio is the share of a bank's total _____ to be maintained as _____ in the form of liquid cash as per the guidelines of RBI. 
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
What is marginal propensity to consume? How is it related to marginal propensity to save?
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
_____ shows functional relationship between consumption and income.
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
What is the value of Consumption if we assume a consumption function of the following form: C = 50 + .8Y and income is equal to 1,000.
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
The sum of marginal propensity _____ and marginal propensity _____ is always equal to one. 
EASY
Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
_____ refers to minimum level of consumption, which is needed for survival.
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
Measure the level of ex-ante aggregate demand when autonomous investment and consumption expenditure A is Rs 50 crores, and MPS is 0.2 and level of income Y is Rs 4000 crores. State whether the economy is in equilibrium or not (cite reasons).
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
Voluntary _____ is that part of the working force not willing to engage itself in gainful _____.
MEDIUM
Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
What is the effective demand principle?
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
The point at which saving curve intersects X-axis is known as _____.
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
APC is more than 1 before the _____ point.
MEDIUM
Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
What does the assumption of 'ceteris paribus' mean in economic models?
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
Average propensity to consume refers to the ratio of _____ expenditure to the corresponding level of income.
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
What do you understand by ‘parametric shift of a line’? How does a line shift when its (i) slope decreases, and (ii) its intercept increases?
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
_____ supply is the money value of total supply of goods and services available for _____ by an economy. 
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
What is 'effective demand'? How will you derive the autonomous expenditure multiplier when price of final goods and the rate of interest are given?
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
What is the difference between ex-ante investment and ex-post investment?
MEDIUM
Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
What is meant by the term 'value added' in production?
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Economics>Macroeconomics>Determination of Income and Employment>Aggregate Demand and its Components
The relation between average propensity to consume and average propensity to save can be expressed as _____.