Question : The value of MPC varies between __ and ___.
Option 1: 1 and 2
Option 2: 0 and 1
Option 3: -1 and 1
Option 4: None of the above.
Correct Answer: 0 and 1
Solution : The value of MPC varies between 0 and 1. If whole of additional income is consumed MPS=0. MPC+MPS=1.
Hence, Option B is correct.
Question : The value of the spending multiplier ranges between:
Option 1: 0 and 1
Option 2: 1 and 2
Option 3: 2 and 3
Option 4: 3 and 4
Question : According to Marx, the source of value is
Option 1: Capital
Option 2: Land
Option 3: Labour
Option 4: None of the above
Question : The ideal liquid ratio is
Option 1: 2:1
Option 2: 1:1
Option 3: 3:1
Question : If $5 \sin^2 A+3 \cos^2 A=4$, $0<A<90°$, then what is the value of $\tan A$?
Option 1: 0
Option 2: 3
Option 3: 1
Option 4: 2
Question : The minimum value of multiplier is _.
Option 1: Infinity
Option 2: Zero
Option 3: One
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