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Income Determin...

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  • Question 1
    1 / -0

    The period of time, when supply is fully adjusted to change in demand is called_________.

  • Question 2
    1 / -0

    Higher level of current consumption means ___________.

  • Question 3
    1 / -0

    What are the accounting values of GDP called?

  • Question 4
    1 / -0

    Which is the other name that is given to the average revenue curve?

  • Question 5
    1 / -0

    What would price ceiling lead to when the maximum price is fixed lower than the equilibrium price?

  • Question 6
    1 / -0

    At $$ P_X  $$ = Rs.  5, demand for Good-X is $$30$$ units and supply of Good-X is $$20$$ units, it is a situation of:

  • Question 7
    1 / -0

    Which of the following statements is correct, in the case of excess demand?

  • Question 8
    1 / -0

    The formula for the MPC is ___________.

  • Question 9
    1 / -0

    If income changes from 3000 to 4500 and saving changes from 600 to 900, then calculate MPS?

  • Question 10
    1 / -0

    If consumption in period 1 is Rs 5,000 and income is Rs 10,000 and the same for period 2 stands at 7,160 and 13,000 respectively, find MPC.

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