Which of the following is not correct for marginal propensity to consume? Option 1: MPC=0 Option 2: MPC=1 Option 3: 0 1 Option 4: 0< MPC<1

The answer is '0 1'. View full solution:

CUET Economics - Which of the following is not correct for marginal propensity to consume? | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Macro

Medium

MPC=0

MPC=1

0 < MPC > 1

0< MPC<1

✅ Correct Option: 3

Related questions:

16 May Shift 1

At the short run equilibrium of income and employment, __________.

15 May Shift 1

If, in an economy, the minimum level of consumption is 45 and 80% of an increase in income(Y) is consumed, what will be the consumption function of this economy?

21 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Effective demand	(I) National Income
(B) Say's law of markets	(II) Aggregate demand exceeds aggregate supply at full employment
(C) Inflationary gap	(III) Supply creates its own demand
(D) Aggregate supply	(IV) Aggregate demand at equilibrium level

Choose the correct answer from the options given below:

CUET Economics 2025 29 May Shift 2 PYQs

Keyboard Shortcuts