When the consumption is changed as per the change in income level such consumption is known as: Option 1: Induced consumption Option 2: Autonomous consumption Option 3: Effective consumption Option 4: Total consumption

The answer is 'Induced consumption'. View full solution:

CUET Economics - When the consumption is changed as per the change in income level such consumption is known as: | PYQs + Solutions

CUET Economics 2026 6th June Shift 1

Macro

Easy

Induced consumption

Autonomous consumption

Effective consumption

Total consumption

✅ Correct Option: 1