Question : Which of the following statements are correct?

1. Saving curve starts from Y axis.
2. Slope of savings curve is negative.
3. After the break even point savings is positive.
4. Marginal propensity to save refers to the ratio of savings to the

Question : Which of the following statements are correct?

1. Consumption function refers to functional relationship between consumption and savings.
2. It is a psychology concept as it is influenced by the subjective factors like consumers, taste preference,

Question : Identify the following curves in the below diagram-

Question : Which of the following are the part of national income?

1. Purchase of car by a household.
2. Gifts received from employer
3.  Royalty
4. Government expenditure on street lightning.

Question : Which of the following is stock concept?

1. Amount of bank deposits on 31.3.2022
2. Capital
3. Balance in a bank account.