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प्रश्न
Answer the following question.
What is meant by autonomous consumption? Explain with the help of a diagram.
उत्तर
At zero level of income, autonomous consumption is equal to OC
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संबंधित प्रश्न
An economy is in equilibrium. Find autonomous consumption expenditure:
National Income =1,600
Investment Expenditure = 300
Marginal Propensity to Consume= 0.8
Assuming that increase in investment is Rs. 800 crore and marginal propensity to consume is 0.8, explain the working of multiplier
An economy is in equilibrium. Calculate the Investment Expenditure from the following
National Income = 800
Marginal propensity to save = 0.3
Autonomous Consumption = 100
An economy is in equilibrium. Calculate the National Income from the following :
Autonomous Consumption = 120
Marginal Propensity to Save = 0.2
Investment Expenditure = 150
Answer the following question :
Explain the development and non-development expenditures of government .
Fill in the blank with appropriate alternatives given in the bracket:
The part of income not spent is________.
Match the following Group ‘A’ with Group ‘B’:
| Group ‘A’ | Group ‘B’ | ||
| (a) | Giffen’s goods | (1) | Uses of commodities |
| (b) | Essential commodities | (2) | Keynes |
| (c) | Consumption | (3) | Primary function of bank |
| (d) | Consumption function | (4) | Inferior goods |
| (e) | Accept deposits | (5) | Money lender |
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(6) | Inelastic demand | |
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(7) | Luxurious commodities |
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(8) | Dr. Marshall |
Explain the following concepts or give definitions.
Consumption
Choose the correct answer :
When income increases consumption and saving will _________.
Write answers in ‘one’ or ‘two’ paras each :
Explain the concept of saving function.
Give reason or explain the following statement
Demand for necessary goods is inelastic.
If the income is ₹ 400 crores and consumption is ₹ 250 crores, what will be the APC?
Which or is true?
A consumer spending on the purchase of goods regardless of the income in possession is an example of _______ consumption.
Calculate equilibrium level of income for a hypothetical economy, for which it is given that:
- Autonomous Investments = ₹ 500 crores, and
- Consumption function, C = 100 + 0.80Y
A firm is able to sell any quantity of a good at a given price. The firm's Marginal Revenue will be ______
Calculate Autonomous Consumption expenditure from the following data about an economy which is in equilibrium:
National Income = Rs 1,200
Marginal Propensity to Save = 0.20
Investment expenditure = Rs 100
Which of the following points are related with marginal propensity to consume?
What is saving per Income called?
What is meant by autonomous consumption expenditure? Show it on a diagram.
