Match List-I with List-II List-

CUET Preparation Today

Start Free Mocks

Home Questions UYH8584GJX

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 consume	(I) ΔS/ΔY
(B) Marginal propensity to save	(II) ΔC/ΔY
(C) Average propensity to consume	(III) S/Y
(D) Average propensity to save	(IV) C/Y

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

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

Correct Answer:

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

Explanation:

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

List-I	List-II
(A) Marginal propensity to consume	(II) ΔC/ΔY
(B) Marginal propensity to save	(I) ΔS/ΔY
(C) Average propensity to consume	(IV) C/Y
(D) Average propensity to save	(III) S/Y