Match List - I with List - II.

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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)	$\frac{\Delta Y}{\Delta I}$
(B)	Average Propensity to Consume	(II)	$\frac{\Delta S}{\Delta Y}$
(C)	Value of Investment Multiplier	(III)	$1 -APS$
(D)	Marginal Propensity to Consume	(IV)	$\frac{\Delta C}{\Delta Y}$

Choose the correct answer from the options given below :

Options:

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

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

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

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

Correct Answer:

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

Explanation:

List - I		List – II
(A)	Marginal Propensity to Save	(I)	$\frac{\Delta S}{\Delta Y}$
(B)	Average Propensity to Consume	(II)	$1 -APS$
(C)	Value of Investment Multiplier	(III)	$\frac{\Delta Y}{\Delta I}$
(D)	Marginal Propensity to Consume	(IV)	$\frac{\Delta C}{\Delta Y}$