Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Determination of Income and Employment

Question:

Match List-I with List II

List-I

Curve

List-II

Shape

(A) Aggregate demand curve (I) Upward sloping line with a positive intercept on y-axis
(B) Aggregate supply curve (II) Parallel to x-axis
(C) Autonomous investment curve (III) 45° line passing through the origin
(D) Consumption function (IV) Parallel to consumption function

Choose the correct answer from the options given below :

Options:

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(II), (B)-(III), (C)-(IV), (D)-(I)

(A)-(II), (B)-(I), (C)-(IV), (D)-(III)

(A)-(IV), (B)-(III), (C)-(II), (D)-(I)

Correct Answer:

(A)-(IV), (B)-(III), (C)-(II), (D)-(I)

Explanation:

The correct answer is option (4) : (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

List-I

Curve

List-II

Shape

(A) Aggregate demand curve (IV) Parallel to consumption function
(B) Aggregate supply curve (III) 45° line passing through the origin
(C) Autonomous investment curve (II) Parallel to x-axis
(D) Consumption function (I) Upward sloping line with a positive intercept on y-axis