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. Ex-ante savings includes both land as well as unplanned savings.
2. Ex-post investment means fixed capital with production unit during a particular period of time.

Question : Which of the following statement are true?

1. If APC is 1.05 then APS would be positive.
2. MPC represents slope of the consumption function.

Question : Which of the following statement are true?

1. If APC is 1.05 then APC will be -0.05.
2. When consumption function is C=60+0.6Y, savings are -60 at Y=0.

Question : Which of the following statement are true?

1. APC can be more than one.
2. APC+APS =1 always.