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Updated 12th Standard Economics Study Materials 2022-2023 Exams

12th Economics - Consumption and Investment Functions - Two Marks Study Materials 8682895000 Jan-22 , 2020

Consumption and Investment Functions

12th Economics - Consumption and Investment Functions - Two Marks Study Materials

Consumption and Investment Functions - Two Marks Study Materials

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 30
    15 x 2 = 30

  1. What is consumption function?

  2. What do you mean by propensity to consume?

  3. Define average propensity to consume (APC).

  4. Define marginal propensity to consume (MPC).

  5. What do you mean by propensity to save?

  6. Define average propensity to save (APS).

  7. Define Marginal Propensity to Save (MPS).

  8. Define Multiplier.

  9. Define Accelerator.

  10. When Y = 120, C = 120, calculate APC.

  11. What is saving?

  12. Define Investment Function.

  13. What are the factors MEC depends on?

  14. What are the “Leakages of Multiplier"? Leakages of multiplier.

  15. Compare and contrast the MPC and the MPS. Also explain what these two figures must always add up to.

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