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.

Question : Which of the following statement are true?

1. Equilibrium occurs when ex-ante savings is equal to ex-post savings.
2. When income rises, APC falls but at a rate less than that of MPC.

Question : Which of the following statement are true?

1. Inventory accumulate when planned investment is less then planned saving.
2. Unplanned inventory refers to the anticipated change in stock due to unexpected fall in sale.

Question : Which of the following statement are true?

1. According to Keynes, there are two approaches for determining the equilibrium level of income and employment in the economy.
2. In the contest of determination of equilibrium, AD, AS, savings and investment and

Question : Which of the following statement are true?

1. Autonomous investment is directly influenced by the income level.
2. Induced investment is made when marginal efficiency of investment is more than the rate of interest.