Question : Which of the following statement are true?

1. When consumption function is C=50+0.6Y, consumption is 140 when Y= 150.
2. When Saving function is S= -50+0.4Y, savings is 10 when Y= 150.

Option 1: Both are true.
 

Option 2: Both are false.
 

Option 3: Statement 1 is true, statement 2 is false.
 

Option 4: Statement 1 is false, statement 2 is true.
 

Question : Which of the following statement are true?

1. Slope of consumption curve is indicated by APC.
2. According to Keynesian theory of employment, Ex-ante savings and ex-post savings are always equal.

Option 1: Both are true.
 

Option 2: Both are false.
 

Option 3: Statement 1 is true, statement 2 is false.
 

Option 4: Statement 1 is false, statement 2 is true.
 

Question : Which of the following statement are true?

1. In a two sector economy, if consumption is equal to income, average propensity to save will be zero.
2. In a two sector economy if income is zero consumption will also be zero.

Option 1: Both are true.
 

Option 2: Both are false.
 

Option 3: Statement 1 is true, statement 2 is false.
 

Option 4: Statement 1 is false, statement 2 is true.
 

Question : Which of the following statement are true?

1. If APC is 1.05 then APC will be -0.05.
2. When consumption function is C=60+0.6Y, savings are -60 at Y=0.

Option 1: Both are true.
 

Option 2: Both are false.
 

Option 3: Statement 1 is true, statement 2 is false.
 

Option 4: Statement 1 is false, statement 2 is true.
 

Question : Which of the following statemenst are true?

1. If MPC and MPS are equal, the value of multiplier is 2.
2. If investment multiplier is 1, the value of MPC is zero.

Option 1: Both are true.
 

Option 2: Both are false.

Option 3:
Statement 1 is true, statement 2 is false.

Option 4: Statement 1 is false, statement 2 is true.