Please select a subject first
Advertisements
Advertisements
"In an economy, the autonomous consumption is ₹ 100 and Marginal Propensity to Consume (MPC) is 0.6. If the equilibrium level of Income is 2,000, then the autonomous investment is ₹ 300." Justify the statement with valid calculation.
Concept: undefined >> undefined
At the break-even point level of incomes for the economy is ₹ 10,000 crores and if the people tends to save 20 per cent of their additional income, then calcualte the value of autonomous consumption.
Concept: undefined >> undefined
Advertisements
Read the following statements carefully:
Statement 1: The induced consumption shows, the direct relation between consumption and income.
Statement 2: With a certain increase in income, induced consumption also increases.
In the light of the given statements, choose the correct alternative from the following:
Concept: undefined >> undefined
Statement 1: Consumption function assumes that, consumption changes at a constant rate as income changes.
Statement 2: Autonomous consumption is the ratio of total consumption (C) to total income (Y).
In light of the given statements, choose the correct alternative from the following:
Concept: undefined >> undefined
“The value of all goods and services can be expressed in monetary units.”
On the basis of the given statement, identify the function performed by money:
Concept: undefined >> undefined
“During the colonial period, a number of socio-economic indicators were in a dilapidated state.”
List any three such indicators that led to the worsening of India’s demographic profile.
Concept: undefined >> undefined
“In the late 1970s, China introduced the One-child policy that led to arrest in the population coupled with skewed sex ratio.”
Justify the given statement with valid arguments in support of your answer.
Concept: undefined >> undefined
‘Money is an asset which can be stored for use in future.
In the light of given statement, identify the function of money.
Concept: undefined >> undefined
If in an economy, the Investment Multiplier is 4 and Autonomous Consumption is ₹ 30 crore, the relevant consumption function would be ______.
Concept: undefined >> undefined
In an economy, the value of Marginal Propensity to Save (MPS) is 0.25, what will be the value of increase in income, if investments increased by ₹ 200 crores?
Concept: undefined >> undefined
Giving valid reason, state whether the following statement is true or false:
Dividend received from investment abroad is recorded on the credit side of the capital account.
Concept: undefined >> undefined
During the British rule in India, Indian agricultural output witnessed stagnation due to ______.
Concept: undefined >> undefined
Identify the incorrect statement from the following:
Concept: undefined >> undefined
Explain the central problem of "choice of technique".
Concept: undefined >> undefined
Giving reason comment on the shape of Production Possibilities curve based on the following schedule :
| Good X (units) | Good Y (units) |
| 0 | 10 |
| 1 | 9 |
| 2 | 7 |
| 3 | 4 |
| 4 | 0 |
Concept: undefined >> undefined
What will be the impact of recently launched 'Clean India Mission' (Swachh Bharat Mission) on the Production Possibilities curve of the economy and why?
Concept: undefined >> undefined
What will likely be the impact of large-scale outflow of foreign capital on Production Possibilities curve of the economy and why?
Concept: undefined >> undefined
Giving reason comment on the production possibilities curve based on the following schedule:
| Good X (units) | Good Y (units) |
| 0 | 20 |
| 1 | 18 |
| 2 | 14 |
| 3 | 8 |
| 4 | 0 |
Concept: undefined >> undefined
Giving reason comment on the shape of Production Possibilities curve based on the following schedule :
| Good X (units | Good Y (units) |
| 0 | 30 |
| 1 | 27 |
| 2 | 21 |
| 3 | 12 |
| 4 | 0 |
Concept: undefined >> undefined
What is likely to be the impact of "Make in India" appeal to the foreign investors by the Prime Minister of India, on the production possibilities frontier of India? Explain
Concept: undefined >> undefined
