CUET Economics - Calculate autonomous consumption expenditure from the following data about an economy which is in equilibrium. National Income = Rs. 1000 Marginal propensity to save = 0.2 Investment expenditure = Rs. 150 | PYQs + Solutions

CUET Economics

Macro

Medium

Rs. 200

Rs. 150

Rs. 950

Rs. 50

✅ Correct Option: 4

Related questions:

22 May Shift 1

Match List-I with List-II

List-I	List-II
(A). Marginal propensity to consume (MPC)	(I). C/ Y
(B). Consumption function	(II). C + I
(C). Average propensity to consume (APC)	(III). ΔC/ ΔY
(D). Aggregate Demand	(IV). C = c + cY

Choose the correct answer from the options given below:

22 May Shift 1

Which of the following statements are true:

(A). Average propensity to consume is the change in consumption per unit to change in income.

(B). Ex-ante depicts what has been planned.

(C). Ceteris paribus means 'other things remain equal'.

(D). Ex-post depicts what has actually happened.

Choose the correct answer from the options given below:

30 May Shift 2

The ratio of the total increment in equilibrium value of final goods output to the initial increment in autonomous expenditure is called...................

CUET Economics PYQs

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