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:
Answer & explanation
Correct answer: option 4
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 |