The sum total of MPC and MPS is always equal to: Option 1: Zero Option 2: Infinity Option 3: One Option 4: Two

The answer is 'One'. View full solution:

CUET Economics - The sum total of MPC and MPS is always equal to: | PYQs + Solutions

CUET Economics

Macro

Easy

Zero

Infinity

One

Two

✅ Correct Option: 3

Related questions:

CUET Economics 2023 Slot 1

Arrange the sequence of events relating to establishment of equilibrium in the economy.

(A) This will cause unintended decumulation of inventories

(B) This process continues till ex-ante aggregate demand becomes equal to ex-ante aggregate supply

(D) If ex-ante demand for final goods by firms and households is greater than the output the producers plan to produce in a given year

(E) When output increases, both employment and income rise

Choose the correct answer from the options given below :

CUET Economics 2022 Slot 4

Which of the following is not a reason for excess demand ?

3 June Shift 1

The cause of the above situation is?