Match List-I with List-II
List-I List-II (A) Final goods market (I) A + cY (B) Consumers demand (II) ΔY/ΔA (C) Investment multiplier (III) Ĉ + cY (D) Linear equation (IV) a + bX
Choose the correct answer from the options given below:
Match List-I with List-II
| List-I | List-II |
|---|---|
| (A) Final goods market | (I) A + cY |
| (B) Consumers demand | (II) ΔY/ΔA |
| (C) Investment multiplier | (III) Ĉ + cY |
| (D) Linear equation | (IV) a + bX |
Choose the correct answer from the options given below:
Solution
(A) - (I), (B) - (III), (C) - (II), (D) - (IV) -> Let's match each concept: (A) Final goods market corresponds to (I) A + cY which represents aggregate demand in an economy where A is autonomous expenditure and cY is induced consumption based on income Y. (B) Consumers demand matches with (III) Ĉ + cY which is the consumption function where Ĉ is autonomous consumption and c is the marginal propensity to consume. (C) Investment multiplier corresponds to (II) ΔY/ΔA which shows the ratio of change in national income to change in autonomous expenditure, measuring the multiplier effect. (D) Linear equation matches with (IV) a + bX which is the standard form of a linear equation with 'a' as the intercept and 'b' as the slope coefficient. -> correct
Related questions:
2026: 12 May Shift 1
2026: 21 May Shift 2
2023: 11 June Shift 3
2025: 30 May Shift 1
2022: 15 July Shift 2