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 save	(I) Slope of consumption function
(B) Marginal propensity to consume	(II) Value is 1 at the break even point of the economy
(C) Investment Multiplier	(III) Reciprocal of marginal propensity to save
(D) Average propensity to consume	(IV) 1-c

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

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

Correct Answer:

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

Explanation:

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

List-I	List-II
(A) Marginal propensity to save	(IV) 1-c
(B) Marginal propensity to consume	(I) Slope of consumption function
(C) Investment Multiplier	(III) Reciprocal of marginal propensity to save
(D) Average propensity to consume	(II) Value is 1 at the break even point of the economy