Question : The value of consumption in an economy would be ____ if national income of the economy is 5000  crore and the ratio between APC and APS is 4:1.

Option 1: 5000

Option 2: 4000

Option 3: 3000

Option 4: 2000

Question : The value of consumption in an economy would be ____ if national income of the economy is 2000 crore and the ratio between APC and APS is 3:2.

Option 1: 1500

Option 2: 1400

Option 3: 1300

Option 4: 1200

Question : The equilibrium level of income in an economy is Rs. 3000 crore. The autonomous consumption expenditure is equal to Rs.250 crore and investment expenditure is Rs. 1000 crore. Calculate consumption expenditure.

Option 1: 3000

Option 2: 1500

Option 3: 2000

Option 4: 1000

Question : Relationship of APC and APS with National Income can be represented as:

Option 1: Both APC and APS fall with increase in National Income
 

Option 2: Both APC and APS rise with increase in National Income
 

Option 3: APS fall, while APC rises with increase in National Income

Option 4: APC falls, while APS rises with increase in National Income

Question : The equilibrium level of income in an economy is Rs. 3000 crore. The autonomous consumption expenditure is equal to Rs.250 crore and investment expenditure is Rs. 1000 crore. Calculate saving function.

Option 1: S=250+(1+b)3000

Option 2: S=250-(1-b)3000

Option 3: S=250+(-b)3000

Option 4: S=250+(1-b)3000