CUET Economics - The value that marginal rate of propensity can take in consumption function. | PYQs + Solutions

CUET Economics 2025 27 May Shift 2

Macro

Medium

0 < MPC<1

0 < MPC>1

0> MPC<1

0 > MPC>1

✅ Correct Option: 1

Related questions:

29 May Shift 1

Suppose in a hypothetical economy ,the income rises from ₹5000 crores to ₹6000 crores. As a result, the consumption expenditure rises from ₹4000 cores to ₹4600 crores. Then what will be the marginal propensity to consume?

22 May Shift 1

Match List-I with List-II

List-I	List-II
(A). Marginal propensity to consume (MPC)	(I). C/ Y
(B). Consumption function	(II). C + I
(C). Average propensity to consume (APC)	(III). ΔC/ ΔY
(D). Aggregate Demand	(IV). C = c + cY

Choose the correct answer from the options given below:

30 May Shift 2

When the aggregate output is determined solely by the level of aggregate demand. Then what it called?

CUET Economics 2025 27 May Shift 2 PYQs

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