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

For a hypothetical economy, C = 200+0.8Y (where c= consumption and Y= Income) and Autonomous Investment = 400 crore. Value of Investment multiplier (k) = _____.

Arrange the following as per the theory of the 'Paradox of Thrift':

(A) Marginal Propensity to consume decreases.

(B) Amount of savings decreases.

(C) People become more thrifty.

(D) Equilibrium level of income decreases.

Choose the correct answer from the options given below:

1. (C), (A), (D), (B)
2. (A), (C), (B), (D)
3. (B), (A), (C), (D)
4. (C), (B), (A), (D)

Savings are that part of income that is not consumed. What is the marginal propensity to save?

When autonomous investment increases in a two-sector model, then.

1. The aggregate demand curve shifts upwards.
2. Output/GDP increases by the same magnitude as the change in investment.
3. Autonomous expenditure increases by the same magnitude as the change in investment.
4. The consumption curve shifts upwards.

Calculate Marginal Propensity to Save (MPS) and Average Propensity to Consume (APC) at income level of 200.

Rearrange the given statements in proper chronological sequence in an ascending order (earliest to latest):