Regarding Average Propensity to save :

(A) APS can be zero

(B) APS can be more than one

(C) APS can be negative

(D) APS can be one

(E) APS can be positive

Choose the correct answer from the options given below :

Identify the incorrect statements from the following:

A. In an economy, an increase in income will always lead to an equal increase in consumption.

B. Marginal propensity to consume denoted the slope of Aggregate demand curve.

C. At full employment, there is no involuntary unemployment.

D. Autonomous aggregate expenditure is sum of total consumption and investment.

Choose the correct answer from the options given below:

In the short run, to determine the level of aggregate demand for final goods in the economy, what will be the affect on price and rate of interest?

What will be the effect on Aggregate Demand when MPC decreases ?

When autonomous investment increases, the aggregate demand curve shifts?

_____________ is the minimum level of consumption done at zero income level and is independent of income.

When $C = 70 + 0.5Y$ and $I = 40$, what is the equilibrium income?