CUET Economics - Assume that in an economy increased consumption is equal to increased saving, how many times will the national income increase in such an economy with an increase in investment? | PYQs + Solutions

CUET Economics

Macro

Medium

2 times.

3 times.

4 times.

1 times.

✅ Correct Option: 1

Related questions:

3 June Shift 1

The cause of the above situation is?

CUET Economics 2023 Slot 5

Find out correct one :

(A) MPC is the change in consumption per unit change in income

(B) MPS is the saving per unit of income

(D) APS is the change in saving per unit change in income

Choose the correct answer from the options given below :

13 May Shift 2

If aggregate demand changes, the equilibrium level of income changes. This can happen in any one or combination of the following situations:

(A) Change in consumption.

(B) Multiplier Effect.

(D) Change in Investment.

Choose the correct answer from the options given below:

CUET Economics PYQs