Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Determination of Income and Employment

Question:

A. Consumer may choose not to change consumption when income has changed then MPC =0

B. Consumer may entire change in income then MPC = 1

C. Consumer may choose not to change consumption when income has changed then MPC = 1

D. Consumer may choose entire change in income then MPC = 0

E. Consumer may choose entire change in income then MPC = ∝

Choose the correct answer from the options given below :

Options:

A and B only

C and D only

D and E only

C and E only

Correct Answer:

A and B only

Explanation:

The correct answer is option (1) : A and B only