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.

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 : Which of the following are the assumptions of determination of equilibrium output.

1. Price level is assumed to be constant.
2. The government expenditure is autonomous in nature.
3. Equilibrium output is to be determined in context of long

Question : Which of the following are National Concepts?

1. NDP_FC
2. NNP_FC
3. NNP_MP
4. NDP_MP

Question : Which of the following about MPC is correct?

1. MPC can be more than 1
2. MPC of rich is more. 
3. MPC falls with successive increase in income.