Macro

Income & Employment

Medium

What does breakeven point indicate ?

(A) MPS = 0

(B) APC = 1

(C) MPS = 1

(D) APS = 0

Choose the correct answer from the options given below :

(D) and (A) only

(A), (B) and (C) only

(B) and (D) only

✅ Correct Option: 4

At the breakeven point, Consumption equals Income (C = Y), so Savings = 0.

APC = C/Y = 1 (B is correct).

APS = S/Y = 0 (D is correct).

MPC and MPS values do not indicate breakeven. Hence (B) and (D) only.

2026: 15 May Shift 1

Change in inventories may be planned or unplanned. In case of an unexpected fall in sales, the firm will have unsold stock of goods which it had not anticipated. Hence, there will be ______________.

2023: 1 June Shift 1

Match List - I with List - II.

	List - I (Curves)		List - II (Shape)
(A)	Aggregate demand curve	(I)	Upward sloping line with a positive intercept on y-axis
(B)	Aggregate supply curve	(II)	Parallel to x axis
(C)	Autonomous investment curve	(III)	45 degree line passing through the origin
(D)	Consumption function	(IV)	Parallel to consumption function

Choose the correct answer from the options given below :

2022: 30 Aug Shift 2

Given the consumption function of an economy C = 200 + 0.25 Y, what is the value of slope of the savings function ?

2026: 21 May Shift 2

Which of the following will be the reason for equilibrium less than full-employment of output?

2025: 29 May Shift 2

Which of the following is not correct for marginal propensity to consume?

2023: 29 May Shift 2

If C= X+0.6Y & Investment is Rs 1,500 Equilibrium level of income in economy would be 4050, find out the autonomous consumption.

What does breakeven point indicate ? (A) MPS = 0 (B) APC = 1 (C) MPS = 1 (D) APS = 0 Choose the correct answer from the options given below :

Solution

Related questions:

Keyboard Shortcuts

CUET Economics Past Year Questions (Topic-Wise)

What does breakeven point indicate ?

(A) MPS = 0

(B) APC = 1

(C) MPS = 1

(D) APS = 0

Choose the correct answer from the options given below :