__________ can never be negative while __________ can have value as 1. Option 1: APS, APC Option 2: MPC, APS Option 3: APC, APS Option 4: MPS, APC

The answer is 'MPS, APC'. View full solution:

CUET Economics - __________ can never be negative while __________ can have value as 1. | PYQs + Solutions

CUET Economics

Macro

Hard

APS, APC

MPC, APS

APC, APS

MPS, APC

✅ Correct Option: 4

Related questions:

CUET Economics 2023 Slot 5

Find out correct one :

(A) MPC is the change in consumption per unit change in income

(B) MPS is the saving per unit of income

(D) APS is the change in saving per unit change in income

Choose the correct answer from the options given below :

21 May Shift 1

At the present level of employment in a hypothetical economy, the aggregate demand is falling short of aggregate supply. What will be the likely change in the level of national income of this economy?

28 May Shift 2

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

CUET Economics PYQs

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