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State Whether the Following Statement is True Or False. at Breakeven Point Consumption (C) is Equal to Income (Y). - Economics

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प्रश्न

State whether the following statement is true or false.

At breakeven point Consumption (C) is equal to income (Y).

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर

उत्तर

True. Breakeven point is a point where the consumption curve intersects the supply curve. At this point, consumption (autonomous + induced) is equal to income, accordingly, saving is equal to zero.

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Consumption Demand
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 10: Determinants of Aggregates - Exercise 1 [पृष्ठ ९३]

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मायकल वाझ Economics [English] 12 Standard HSC
पाठ 10 Determinants of Aggregates
Exercise 1 | Q 3.5 | पृष्ठ ९३

संबंधित प्रश्‍न

................ consumption can not be zero.

(Induced / Autonomous / Government / Private)


State whether the following statement is True or False :

Consumption expenditure is the only component of aggregate demand.


Fill in the blank with appropriate alternatives given below

 __________ consumption cannot be zero.


Fill in the blank with appropriate alternatives given below

Investment made by the government is __________ investment. 


State whether the following statement is true or false.

Consumption expenditure is the only component of aggregate demand.


State whether the following statement is true or false.

Autonomous consumption is income elastic.


Define or Explain the following concept:

Autonomous Consumption


Give reason or explain.

There are many subjective factors determining consumption function.


Give reason or explain.

The Propensity to Consume means consumption function.


Distinguish between:

Autonomous Investment and Induced Investment


Distinguish between:

Consumption and Saving


Distinguish between:

Consumption Function and Saving Function


Write Short note on:

Effective Demand


Write Short note on:

Saving Function


Write Short note on:

Break-even Point


Answer the following question:
State J. M. Keynes' Psychological Law of Consumption.


Answer the following question:
What is autonomous consumption?


Answer the following question:
State the subjective factors determining consumption function?


State with reason whether you agree or disagree with the following statement.

At break-even point, consumption (C) is equal to income (Y).


State with reason whether you agree or disagree with the following statement.

Savings are negative before break-even point.


Answer in detail.
What are the objective factors influencing consumption function?


Answer in detail.
Give an idea about the subjective factors determining consumption function.


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