Slope of Consumption curve is denoted by : Option 1: Average Propensity to Consume Option 2: Average Propensity to Save Option 3: Marginal Propensity to Consume Option 4: Marginal Propensity to Save

The answer is 'Marginal Propensity to Consume'. View full solution:

CUET Economics - Slope of Consumption curve is denoted by : | PYQs + Solutions

CUET Economics

Macro

Easy

Average Propensity to Consume

Average Propensity to Save

Marginal Propensity to Consume

Marginal Propensity to Save

✅ Correct Option: 3

Related questions:

CUET Economics 2023 Slot 1

Given AD = C + I + CY, change in autonomous consumption will lead to :

(A) Change in equilibrium level of income

(B) Change in aggregate demand

(D) Change in aggregate demand and no change in equilibrium level of income

(E) Change in marginal propensity to consume

Choose the correct answer from the options given below :

CUET Economics 2022 Slot 4

When consumption function starts from y axis, it indicates that ?

3 June Shift 2

When autonomous investment increases, the aggregate demand curve shifts?