CUET EconomicsMacro > Easydecreasesincreaseshas no impact on itfirst decreases then increases✅ Correct Option: 2Related questions:13 May Shift 1Level of employment is determined by which of the following?27 May Shift 2The equilibrium level of income depends on aggregate demand. Thus, if aggregate demand changes, the equilibrium level of income changes. This can happen in anyone or combination of the following situations: (A) Change in autonomous consumption. (B) Change in marginal propensity to consume. (C) Income. (D) Change in autonomous investment. Choose the correct answer from the options given below:16 May Shift 1If there is an increase in investment by Rs100 in an economy, MPC = 0.9, choose the correct sequence with reference to the working of the investment multiplier. (A) Producers increase their planned output further by (0.9)10, the income of the economy goes up by (0.9)10 and consumption demand increases further by (0.9)² 10. (B) This process goes on, round after round. (C) Income increases by 100, Consumption expenditure increases by 90 and therefore, aggregate demand goes up by 90. (D) The total increment in the income will be 1000. Choose the correct answer from the options given below: