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Determination Of Income And Employment

Question

Wired Faculty App

Complete the following table

Income

(र)

Consumption expenditures (र) MPS

APS

2000

1900

?

3000

2700

?

4000

3400

?

5000

4000

?

Solution

Some More Questions From Determination of Income and Employment Chapter

Explain the meaning of aggregate supply (AS).

Calculate consumption level for Y = र 1000 crores if consumption function is C = 300 + 0.5Y.

State relationship between income and consumption.

What is Breakeven point?

What are the types of Propensity to consume?

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