Class XII

APC+APS should always be equal to 1
  1. None of these
  2. Depends on their values
  3. FALSE
  4. 1
MPS= 1+MPC. It is
  1. None of these
  2. TRUE
  3. Depends on their values
  4. 0
APS=
  1. SY
  2. None of these
  3. CS
  4. SD
The level of equilibrium income is also determined by
  1. Planned Savings and Planned Investment
  2. Planned Savings and Planned Consumption
  3. AD and AS
  4. Planned AD and Planned national income
The level of equilibrium income is determined by
  1. AD and AS
  2. AD and Investment
  3. AD and Consumption
  4. AD and national income
Time Elapsed

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