__________ can never be negative while __________ can have value as 1. Option 1: APS, APC Option 2: MPC, APS Option 3: APC, APS Option 4: MPS, APC

The answer is 'APC, APS'. View full solution:

CUET Economics - __________ can never be negative while __________ can have value as 1. | PYQs + Solutions

CUET Economics

Macro

Medium

APS, APC

MPC, APS

APC, APS

MPS, APC

✅ Correct Option: 3

Related questions:

CUET Economics 2023 Slot 1

At a particular price level, when aggregate demand for final goods equals aggregate supply of final goods, the product market reaches to its __________.

CUET Economics 2023 Slot 4

Match List - I with List - II.

	List - I		List - II
(A)	Marginal Propensity to Save	(I)	$\frac{\Delta Y}{\Delta I}$
(B)	Average Propensity to Consume	(II)	$\frac{\Delta S}{\Delta Y}$
(C)	Value of Investment Multiplier	(III)	1 - APS
(D)	Marginal Propensity to Consume	(IV)	$\frac{\Delta C}{\Delta Y}$

Choose the correct answer from the options given below :

3 June Shift 2

Even if income is zero, some consumption still takes place, which is independent of income. This type of consumption is called?

CUET Economics PYQs

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