HARD
Earn 100
Explain the meaning of equilibrium level of income and output using saving and investment approach. Use a diagram.
Important Questions on Determination of Income and Employment
EASY
When Planned Saving is less than Planned Investment, then:
MEDIUM
What are the three methods used to calculate national income?
HARD
The sum of marginal propensity _____ and marginal propensity _____ is always equal to one.
EASY
When planned saving is less than planned investment, it indicates a situation when:
HARD
According to Keynes what causes changes in induced investment by entrepreneurs?
HARD
Which of the following is true in the context of investment?
EASY
Which of the following is the determining factor of Equilibrium according to Keynesian view point?
EASY
_____ refers to actual savings in an economy during a year.
MEDIUM
What is autonomous consumption in the consumption function?
HARD
_____ supply is the money value of total supply of goods and services available for _____ by an economy.
HARD
Break-even point in the folllowing diagram is represented by:
EASY
Break-even point is achieved when
HARD
Voluntary _____ is that part of the working force not willing to engage itself in gainful _____.
MEDIUM
When aggregate demand is greater than aggregate supply, inventories:
MEDIUM
When planned saving is less than planned investment, then national income is likely to _____.
MEDIUM
At equilibrium level:
EASY
Inventories accumulate when planned investment is _____ than planned saving.
EASY
According to Keynes, there are _____ Approaches for determining the equilibrium level of income and employment in the economy.
HARD
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.
MEDIUM
What refers to a situation when AD is equal to AS beyond the full employment level.
