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Income Determin...

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  • Question 1
    1 / -0

    Increase in government expenditure  would lead to increase in

  • Question 2
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    The coefficient ‘b’ measures

  • Question 3
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    The "planned" value of the variables like consumption, investment, output, etc, is known as:

  • Question 4
    1 / -0

    The equation of propensity to consume is

  • Question 5
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    If the income is 1000 and the consumption is 1200, APC will be

  • Question 6
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    The APC can be equal to one when

  • Question 7
    1 / -0

    When APS=1

  • Question 8
    1 / -0

    If y=1000, c=1000, the APC+APS will be

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