Determination of Income and Employment (CBSE Class-12 Economics): Questions 31 - 35 of 35

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Question number: 31

» Determination of Income and Employment » Propensity to Consume and Propensity to Save

Essay Question▾

Describe in Detail

Explain ‘saving function’ with the help of a schedule. Also record marginal propensity to save in the schedule.

Explanation

This functional relation between saving and income is called saving function it is represented as s = EquationEquation

Here, Equation means autonomous saving

S represent Marginal propensity to save

Equation represents disposable income.

Income and saving function diagram

This image is of Income and saving function diagram

Income (in… (83 more words) …

Question number: 32

» Determination of Income and Employment » Meaning & Types of Employment & Unemployment

Short Answer Question▾

Write in Short

Give meanings of Full employment

Question number: 33

» Determination of Income and Employment » Meaning & Types of Employment & Unemployment

Short Answer Question▾

Write in Short

Under employment equilibrium

Question number: 34

» Determination of Income and Employment » Propensity to Consume and Propensity to Save

Short Answer Question▾

Write in Short

Rs. 200 crore increase in investment lead to a rise in national income by Rs. 1000 crores. Find out marginal propensity to consume.

Question number: 35

» Determination of Income and Employment » Meaning & Types of Employment & Unemployment

Short Answer Question▾

Write in Short

Give meanings of Involuntary unemployment

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