At equilibrium level of income in an economy: Option 1: Consumption = Investment Option 2: Aggregate demand = Consumption Option 3: Saving = Investment Option 4: Consumption = Saving

The answer is 'Saving = Investment'. View full solution:

CUET Economics - At equilibrium level of income in an economy: | PYQs + Solutions

CUET Economics

Macro

Easy

Consumption = Investment

Aggregate demand = Consumption

Saving = Investment

Consumption = Saving

✅ Correct Option: 3

Related questions:

26 May Shift 2

The saving function of a two sector economy is given as S=(-)100+0.2Y. The equilibrium level of income of this economy is 1000, then calculate the value of consumption at equilibrium?

11 June Shift 3

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 :

30 May Shift 2

Which parameter does not determine the income and employment in the economy.

CUET Economics PYQs

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