हिंदी

Fill in the Blank with Appropriate Alternatives Given Below that Part of Income, Which is Not Spent on Consumption, is Called __________. - Economics

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प्रश्न

Fill in the blank with appropriate alternatives given below

That part of income, which is not spent on consumption, is called __________. 

विकल्प

  • expenditure

  • saving

  • investment

  • publicdebt

MCQ
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उत्तर

That part of income, which is not spent on consumption, is called saving.

Explanation:
Individuals incur expenditure on consumption from the income. However, not all of the income is spent on consumption, rather a part of it remains unspent. This unspent part of the income is called as savings.

Saving = Income – Consumption

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अध्याय 10: Determinants of Aggregates - Exercise 1 [पृष्ठ ९३]

APPEARS IN

मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 10 Determinants of Aggregates
Exercise 1 | Q 1.2 | पृष्ठ ९३

संबंधित प्रश्न

What is aggregate supply?


Explain national income equilibrium through aggregate demand and aggregate supply. Use diagram. Also explain the changes that take place in an economy when the economy is not in equilibrium


Explain the concept of ‘deficient demand’ in macroeconomics.


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Explain the role of Repo Rate in reducing the Inflationary gap.


Explain the concept of deflationary gap.


Explain the role of Cash Reserve Ratio in removing an inflationary gap


explain the role of Bank Rate in correcting deficient demand?


Explain the role of 'Margin Requirements' in removing this deficient demand gap.


Explain the determinants of aggregate supply.


Explain with reason, whether you agree or disagree with the following statement:

Aggregate supply is influenced only by availability of natural resources.


State with reason whether you agree or disagree with the following statements. (any Three) 

Aggregate demand  depand only on the consumption expenture. 


Fill in the blank with appropriate alternatives given below

The General Theory of Employment, Interest and Money was written by __________. 


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The equality between aggregate demand and aggregate supply determines the equilibrium level of employment.


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Aggregate Demand


Write Short note on:

Marginal Propensity to Consume


Answer the following question:
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Answer the following question:
What are the determinants of Aggregate Supply (AS)?


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Aggregate supply is influenced by the state of technology only.


Answer in detail.
What is Aggregate Supply? Explain the determinants of Aggregate Supply.


Write explanatory answer.
What is 'aggregate supply'? Explain the determinants of aggregate supply.


Answer the following question.
Describe the adjustments that may take place in an economy when ex-ante Aggregate Demand is greater than ex-ante Aggregate Supply.


Discuss the adjustment mechanism in the following situation :
Aggregate demand is lesser than Aggregate Supply.


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Column A Column B
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(2) Forward Multiplier (b) Withdrawal of investment decreases income
(3) Paradox of Thrift (c) People save less or same as before
(4) Multiplier (k) < 1  (d) 0 < MPC < 1

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Explain its impact on the level of output, income and employment. 


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With the help of a diagram, determine the equilibrium level of output and income by using Aggregate demand and aggregate supply approach.


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