CUET Economics - What is the value of the vertical intercept and slope of the given equation for the consumption function? C = A + 1/2Y | PYQs + Solutions

CUET Economics 2026 11th May Shift 1

Macro

Easy

The vertical intercept is A, Slope of consumption function is 0.5

The vertical intercept is 1/2, Slope of consumption function A

The vertical intercept is 0, Slope of consumption function is 1/2

The vertical intercept is A, Slope of consumption function is 2

✅ Correct Option: 1

CUET Economics 2026 11th May Shift 1 PYQs