Match List-I with List-II List-

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Determination of Income and Employment

Question:

Match List-I with List-II

List-I	List-II
(A). Marginal propensity to consume (MPC)	(I). $C/Y$
(B). Consumption function	(II). $C+I$
(C). Average propensity to consume (APC)	(III). $ΔC/ΔY$
(D). Aggregate Demand	(IV). $\bar C+cY$

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

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

List-I	List-II
(A). Marginal propensity to consume (MPC)	(III). $ΔC/ΔY$
(B). Consumption function	(IV). $\bar C+cY$
(C). Average propensity to consume (APC)	(I). $C/Y$
(D). Aggregate Demand	(II). $C+I$