Multiple Choice
When disposable income rises from Rs 500 to Rs 600 and consumption expenditure changes from Rs 470 to Rs 560, MPC will be equal to
A) 900
B) 100
C) 0.9
D) 1
Correct Answer:

Verified
Correct Answer:
Verified
Q8: In the Keynesian two sector economy, AD<AS,
Q9: MEC is inversely related to:<br>A)Prospective yield<br>B)Supply price<br>C)Investment<br>D)Rate
Q10: Autonomous investment is<br>A)Income inelastic<br>B)Instable<br>C)Interest elastic<br>D)Income elastic
Q11: In the Keynesian two sector model, when
Q12: Who postulated the law Supply creates its
Q14: In the Keynesian two sector economy, AD>AS,
Q15: Schedule that expresses relationship between rate of
Q16: APC is determined by the following equation:<br>A)C/Y<br>B)S/Y<br>C)?C/?Y<br>D)?S/?Y
Q17: In a two sector economy, aggregate demand
Q18: MEC is directly related to<br>A)Prospective yield<br>B)Supply price<br>C)Rate