In the NCERT glossary, a ‘parametric shift’ is:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → a shift of a graph due to a change in the value of a parameter
A parametric shift happens when a parameter of a line, such as its slope or intercept, changes and the whole graph moves.
NCERT (2026-27), Introductory Macroeconomics, Glossary: “Parametric shift – Shift of a graph due to a change in the value of a parameter.” |