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Economics
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Macroeconomics
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Determination of Income and Employment
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Aggregate Demand and its Components
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EASY
Earn 100
What is meant by investment? Discuss the two types of investments.
Important Questions on Determination of Income and Employment
HARD
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.
HARD
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
In an economy, break-even point and equilibrium point may lie at the same level of income, if ex-ante investments are _____.
EASY
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.
HARD
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
The value of consumption in an economy would be Rs. _____ if national income of economy is
R
s
.
5000
crore and the ratio between APC and APS is
3
:
2
.
EASY
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
The ratio of consumption at a particular level of income is called _____.
MEDIUM
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
_____ demand is determined at the point of equality between aggregate demand and aggregate supply.
HARD
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
The summation of MPC and _____ have the value of equal to 1.
MEDIUM
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
If saving function of an economy is given as: S = - 60 + 0.3 (Y), then MPC is _____.
EASY
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
APC is more than 1 before the _____ point.
EASY
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
The total demand for final goods and services in an economy in a given period is known as _____.
EASY
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
According to Keynes, there are _____ Approaches for determining the equilibrium level of income and employment in the economy.
HARD
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 _____.
EASY
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
_____ refers to actual savings in an economy during a year.
HARD
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
APS is less than _____ when consumption is more than national income.
EASY
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
Equilibrium occurs when Ex-ante saving is equal to _____.
EASY
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
_____ shows functional relationship between consumption and income.
HARD
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
The point at which saving curve intersects X-axis is known as _____.
EASY
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
_____ refers to minimum level of consumption, which is needed for survival.
HARD
Economics
>
Macroeconomics
>
Determination of Income and Employment
>
Aggregate Demand and its Components
If MPC is equal to
0
.
60
, then MPS is equal to _____.