Question : Inventory rises above the desired level when
 

Option 1: Savings is more than investment
 

Option 2: Savings is less than investment
 

Option 3: Savings is equal to investment
 

Option 4: None of the above
 

Question : If income is Rs.2000 and consumption is Rs. 1800. Calculate APC.
 

Option 1: 0.9
 

Option 2: 0.8
 

Option 3: 0.7
 

Option 4: None of the above.
 

Question : The positive square root of
[0.6 × 0.6 × 0.6 + 0.4 × 0.4 × 0.4 + 3 × 0.6 × 0.4 (0.6 + 0.4)] is equal to:

Option 1: 2.1736

Option 2: 1

Option 3: 0.21736

Option 4: 0.072

Question : What is the value of $\small \frac{(0.7)^{3}-(0.4)^{3}}{(0.7)^{2}+0.7\times 0.4+(0.4)^{2}}$?

Option 1: 0.3

Option 2: 0.7

Option 3: 0.9

Option 4: 1.1

Question : Determine the value of MPS & MPC from the following consumption function, C= 75+0.8Y.
 

Option 1: 0.4, 0.6
 

Option 2: 0.2, 0.8
 

Option 3: 0.5,0.5
 

Option 4: 0.6,0.4