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. MPS	I. Saving Per unit of Income.
B. MPC	II. Consumption per unit of Income
C. APS	III. Change in consumption per unit change in income.
D. APC	IV. Change in savings per unit change in income.

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

Correct Answer:

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

Explanation:

The correct answer is Option (3) → (A)-(IV), (B)-(III), (C)-(I), (D)-(II)

List-I	List -II
A. MPS	IV. Change in savings per unit change in income.
B. MPC	III. Change in consumption per unit change in income.
C. APS	I. Saving Per unit of Income.
D. APC	II. Consumption per unit of Income