Match List-I with List-II

List-I	List-II
A. MPS	I. Saving Per unit of Income.
B. MPC	II. Consumption per unit of Income
C. APS	III. Change in consumption per unit change in income.
D. APC	IV. Change in savings per unit change in income.

Choose the correct answer from the options given below:

1. (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
2. (A) - (I), (B) - (III), (C) - (II), (D) - (IV)
3. (A) - (IV), (B) - (III), (C) - (I), (D) - (II)
4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Arrange the following steps in ascending order in respect to determination of equilibrium level of income in an economy as a result of change in autonomous expenditure:

A. The output and aggregate demand will increase.

B. In the economy autonomous investment increased by Rs. 10 Cr.

C. The aggregate demand curve shifts in parallel upwards.

D. The investment multiplier works in forward direction.

Choose the correct answer from the options given below:

Increase in Taxes will lead to__________

If the investment is increased by 2 lacs and the value of the investment multiplier is 3/2 then what will be the value of change in income?

In macroeconomic theory, which is not justification for taking the price level as fixed.

Match List-I with List-II

Choose the correct answer from the options given below:

1. (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
2. (A) - (I), (B) - (III), (C) - (II), (D) - (IV)
3. (A) - (III), (B) - (I), (C) - (II), (D) - (IV)
4. (A) - (III), (B) - (I), (C) - (IV), (D) - (II)

The increase in income in an economy is four times more than the increase in investment. What is the value of marginal propensity to consume in this economy?