If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the average propensity to consume is what ?

Related Mcqs:

1. If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the marginal propensity to consume is what ?

   A. 0.8 B. 800 C. 810 D. 0.81...

2. If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 total consumption is what ?

   A. 0.8 B. 800 C. 810 D. 0.81...

3. Disposable income is the part of households income left after the deduction of ?

   A. income tax and social security payments B. taxes and the addition of benefits C. income tax D. contractual payments such as pensions and mortgages...

4. If the marginal propensity to consume on domestic products is 0.9 the size of the multiplier is ?

   A. 10 B. 1 C. 9 D. 0.1...

5. An increase in the marginal propensity to consume will ?

   A. increase the size of the multiplier B. Increase the marginal propensity to save C. Decrease national income D. Reduce injections into the economy...

6. The marginal propensity to consume is equal to ?

   A. Total spending / total consumption B. Total consumption / total income C. change in consumption / change in income D. Change in consumption / change in savings...

7. The marginal propensity of consume is equal to ?

   A. Total spending / total consumption B. Total consumption / total income C. Change in consumption / change in income D. Change in consumption / change in savings...

8. If the marginal propensity of consume MPC is 0.75 the value of the multiplier is ?

   A. 4 B. 7.5 C. 5 D. 0.75...

9. A linear consumption function with a positive slope less than one means that if income increases consumption will ?

   A. fall B. not change C. fluctuate D. increase...

10. When you consume good Q, not only do you benefit form consuming the good but other people benefit from your consumption as well, if firms produce good Q where P = MC, firms will be producing ?

    A. less than the efficient level of output B. more than the efficient level of output C. so that consumer surplus is zero D. the efficient level of output...