During festive season, the currency deposit ratio

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:

Given the consumption function of an economy C = 200 + 0.25 Y, what is the value of slope of the savings function ?

Graphically, Aggregate Demand (AD) function can be obtained by vertically adding the ________ and ________.

MPC stands for.

When consumer consumes a part of change in income, which of the following is true?

Increase in Taxes will lead to__________