Macro

Income & Employment

Easy

Identify the correct statements from the following.

(A) Ex-ante depicts what has been planned?

(B) Ex-post depicts what has been estimated production?

(C) When income changes, change in consumption can never exceed the change in income.

(D) Ex-post depicts what has actually happened.?

Choose the correct answer from the options given below:

(A), (B) and (D) only

(B), (C) and (D) only

(A), (C) and (D) only

(A) , (B), (C) and (D)

✅ Correct Option: 3

Ex-ante refers to planned or intended values (A), while ex-post refers to actual, realised values (D); so (B), which calls ex-post an estimate, is incorrect. Since $MPC$ lies between 0 and 1, the change in consumption can never exceed the change in income (C).

2026: 12 May Shift 1

An increase in total autonomous expenditure is by 100 units and the value of multiplier is 5. What will be the impact on equilibrium income?

2025: 30 May Shift 2

Which parameter does not determine the income and employment in the economy.

2026: 11 May Shift 2

Match the LIST-I with LIST-II

LIST-I	LIST-II
A. Excess Demand	I. Factors of production; willing to work but not able to get the work.
B. Voluntary unemployment	II. It leads to a decline in prices in the long run.
C. Deficient Demand	III. It leads to a rise in prices in the long run.
D. Under employment	IV. Factors of production are able but not willing to work.

Choose the correct answer from the options given below:

2025: 30 May Shift 1

Arrange the following steps in the correct sequence to explain the working of Multiplier.

(A) Increase in income and consumption.

(B) Increase in investment.

(D) Generation of additional income.

Choose the correct answer from the options given below:

2025: 3 June Shift 2

Match List-I with List-II

List-I	List-II
(A) Inventory	(I) Planned
(B) Consumption	(II) Actually happened
(C) Ex-ante	(III) Investment
(D) Ex-post	(IV) Household Income

Choose the correct answer from the options given below:

2026: 23 May Shift 1

The value of APC+ APS will be:

Solution

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