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प्रश्न
Aggregate supply is equal to ______.
विकल्प
C + I
C + S
I + C
S1 + S2
उत्तर
Aggregate supply is equal to C + S.
Explanation:
Aggregate supply or National Income is a sum of consumption expenditure (c) and saving (s). A major portion of income is spent on the consumption of goods and services and the balance is saved.
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संबंधित प्रश्न
What is aggregate demand?
Name any two components of 'aggregate demand'.
Explain the subjective factors which determine consumption function.
Explain the following concepts or give definitions.
Depreciation
Match the following Group:
| Group A | Group B | ||
| 1) | Aggregate Supply | a) | Expected receipts |
| 2) | Autonomous Investment | b) | Lord J. M. Keynes |
| 3) | Consumption | c) | Government Investment |
| 4) | A.P.C. | d) | ΔC/ΔY |
| 5) | Investment | e) | C/Y |
| f) | Addition to stock of capital | ||
| g) | Destruction of utility | ||
Give reason or explain.
Aggregate demand is a positive function of the level of employment and output.
Distinguish between:
Aggregate Demand and Aggregate Supply
Write Short note on:
Average Propensity to Consume
Write Short note on:
Marginal Propensity to Consume
State with reason whether you agree or disagree with the following statement.
Aggregate demand depends only on the consumption expenditure.
Answer in detail.
Explain the determinants of aggregate demand.
Choose the correct from given options
When aggregate demand is greater than aggregate supply, inventories
It is seen that the private consumption expenditure, private investment expenditure, and ex-ante savings have reduced the ______ in the economy.
The equilibrium level of income/output is established when ______
Aggregate demand can be increased by:
When aggregate demand is greater than aggregate supply, inventories:
“In an economy Planned spending is more than Planned output”.
Explain its impact on the level of output, income and employment.
With reference to Simple Keynesian model, give the meaning of ex-ante demand.
