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) $C/Y$

(B) MPC

(II) $\bar C+cY$

(C) APC

(III) $1-c$

(D) Consumption function (C)

(IV) $ΔC/ΔY$

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (4) → (A)-(III), (B)-(IV), (C)-(I), (D)-(II)

List-I

List-II

(A) MPS

(III) $1-c$

(B) MPC

(IV) $ΔC/ΔY$

(C) APC

(I) $C/Y$

(D) Consumption function (C)

(II) $\bar C+cY$