Practicing Success
Match List I with List II
Choose the correct answer from the options given below: |
A-III, B-IV, C-II, D-I A-III, B-II, C-I, D-IV A-III, B-IV, C-I, D-II A-IV, B-II, C-I, D-III |
A-III, B-IV, C-I, D-II |
Y (ex ante, or planned, ouput of final goods)= $\overline{A}+c.Y$ (where $\overline{A}$ = $\overline{C}+\overline{I}$ is the total autonomous expenditure in the economy. The consumers demand can be expressed by the equation C = $\overline{C}+c.Y$ (Where $\overline{C}$ is Autonomous expenditure and c is the marginal propensity to consume.) Savings is that part of income that is not consumed. In other words, S = Y - C The investment multiplier = $\frac{1}{MPS}$
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