मराठी

A consumer spending on purchase of goods regardless of the income in possession, is an example of _______ consumption. - Economics

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प्रश्न

A consumer spending on the purchase of goods regardless of the income in possession is an example of _______ consumption.

रिकाम्या जागा भरा

उत्तर

A consumer spending on the purchase of goods regardless of the income in possession is an example of autonomous consumption.

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2021-2022 (April) Set 1

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संबंधित प्रश्‍न

Define marginal propensity to consume


Complete the following table:-

Income (Rs) Consumption expenditure (Rs) Marginal propensity to save Average propensity to save
0 80    
100 140 0.4 .......
200 ........ ...... 0
....... 240 ........ 0.20
......... 260 0.8 0.35

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 Marginal Propensity to Save from the following:
National Income = 1000
Autonomous Consumption = 100
Investment = 120


An economy is in equilibrium. Calculate the National Income from the following :
Autonomous Consumption = 120
Marginal Propensity to Save = 0.2
Investment Expenditure = 150


Calculate Marginal Propensity to Consume from the following data about an economy

Which is an equilibrium:

National income = 2000

Autonomous Consumption expenditure = 200

Investment expenditure = 100


Answer the following question :

Explain the development and non-development expenditures of government .


Define or explain the following concept.

Autonomous Consumption.


Distinguish between :

Propensity to consume and Propensity to save.


 Fill in the blank with appropriate alternatives given in the bracket: 

The part of income not spent is________. 


Choose the correct answer :    

The income which is not spent on consumption is known as _________. 


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
 

 

(6) Inelastic demand

 

 

(7) Luxurious commodities

 

 

(8) Dr. Marshall

Answer the following question.
State the objective factors determining consumption function.


MPC = 1 − MPS. It is ______


The sum of MPC and MPS is always equal to _____


The rate of increase in ______ due to a unit increment in income is called marginal propensity to consume.


If MPS = 0, the value of multiplier will be ______


When we add up utility derived from consumption of all the units of the commodities, we get:


Identify the correctly matched pair from Column A to column B:

Column A Column B
(1) MPC = 0 (a) K > 1
(2) MPC = 1 (b) K = Infinity
(3) MPC < 1 (c) K = 0
(4) MPC > MPS (d) K < 1

The value of ______ can be greater than one.


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