equilibrium level of output is attained where :

determinants of income and employment.

Quiz
•
Other
•
12th Grade
•
Hard
Mishti Ramchandani
Used 6+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
AD = AS
S = 0
S = I
Both (a) and (c).
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
investment multiplier is ________ related to MPC and ________ related to MPS.
directly and inversely
inversely and directly
directly and directly
inversely and inversely
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
if MPC is 0.75, then value of multiplier will be ____.
2
3
4
5
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the value of multiplier lies between ___.
0 to infinity
1 to infinity
0 to 1
equal to 1
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
if MPC = 1 , the value of multiplier will be _____.
0
1
infinity
between 0 to 1
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
when AD is greater than AS , inventories ________.
fall
rise
dont change
first fall and then rise
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
when planned saving is less than planned investment , it indicates a situation of _____.
AD >AS
AD<AS
AD=AS
none
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