Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Determination of Income and Employment

Question:

Identify the correct set of statements.

(A) Ex Ante Saving represents what is actually planned to save.
(B) Ex Post Saving represents what is actually planned to save."
(C) Ex Post Saving depicts what has actually happened.
(D) Ex Ante Post Saving represents what is actually saved.

Choose the correct answer from the options given below:

Options:

(A) and (D) only

(A) and (C) only

(B) and (D) only

(C) and (D) only

Correct Answer:

(A) and (C) only

Explanation:

The correct answer is Option (2) → (A) and (C) only

Ex-ante depicts what has been planned, and ex-post depicts what has actually happened.

(A) Ex Ante Saving represents what is actually planned to save. Correct: Ex Ante Saving represents what is planned or intended to save before the event occurs, not what is actually saved.

(B) Ex Post Saving represents what is actually planned to save. Incorrect: Ex Post Saving represents what actually happened or occurred, not what was planned.

(C) Ex Post Saving depicts what has actually happened. Correct: Ex Post Saving represents the actual saving that has occurred after the event.

(D) Ex Ante Post Saving represents what is actually saved. Incorrect: Ex Ante Post Saving is not a concept commonly used in economics. It seems to be a combination of Ex Ante and Ex Post saving, which represent different time frames in economic analysis.