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Consumption and Investment Functions 2 Mark Book Back Question Paper With Answer Key

12th Standard

    Reg.No. :
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Economics

Time : 01:30:00 Hrs
Total Marks : 18

    2 Marks

    9 x 2 = 18
  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.

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