Question : Which of the following is a true about Pt. E?

It is the break-even point.

It represents zero savings.

It is a point where consumption = income.

It is a point where consumption = savings.

Option 1: 1,3&4

Option 2: 1,2&4

Option 3: 1,2&3

Option 4: 1&4

Question

Question : Which of the following is a true about Pt. E?

It is the break-even point.
It represents zero savings.
It is a point where consumption = income.
It is a point where consumption = savings.

Option 1: 1,3&4

Option 2: 1,2&4

Option 3: 1,2&3

Option 4: 1&4

Team Careers360 · Accepted Answer

Correct Answer: 1,2&3

Solution : The important points are-

It is the break-even point.
It represents zero savings.
It is a point where consumption = income.
Hence, Option C is correct.

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Question : Which of the following is a true about Pt. E? It is the break-even point. It represents zero savings. It is a point where consumption = income. It is a point where consumption = savings. Option 1: 1,3&4 Option 2: 1,2&4 Option 3: 1,2&3 Option 4: 1&4

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Question : Which of the following is a true about Pt. E?

It is the break-even point.

It represents zero savings.

It is a point where consumption = income.

It is a point where consumption = savings.

Option 1: 1,3&4

Option 2: 1,2&4

Option 3: 1,2&3

Option 4: 1&4

Question : Which of the following statements are correct?

Saving curve starts from Y axis.

Slope of savings curve is negative.

After the break even point savings is positive.

Marginal propensity to save refers to the ratio of savings to the

Question : Which of the following statements are correct?

Consumption function refers to functional relationship between consumption and savings.

It is a psychology concept as it is influenced by the subjective factors like consumers, taste preference,

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

Purchase of car by a household.

Gifts received from employer

Royalty

Government expenditure on street lightning.

Question : Which of the following is stock concept?

Amount of bank deposits on 31.3.2022

Capital

Balance in a bank account.