Total consumption expenditure by households under Keynesian Economics is a combination of ________ and _____ .
(Choose the correct alternative to fill in the blanks)
Total consumption expenditure by households under Keynesian Economics is a combination of ________ and _____ .
(Choose the correct alternative to fill in the blanks)
Show Hint
- Autonomous Consumption, Autonomous Investments
- Autonomous Investments, Induced Consumption
- Induced Investments, Autonomous Investments
- Autonomous Consumption, Induced Consumption
The Correct Option is D
Solution and Explanation
Autonomous Consumption: This is the consumption expenditure that does not depend on income levels and occurs even when income is zero (e.g., basic needs).
Induced Consumption: This is the consumption expenditure that changes with variations in income, showing a direct relationship between income and consumption.
Top CBSE CLASS XII Economics Questions
___________ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):The present day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where ________ .
(Choose the correct alternative to fill in the blank):
(i) Initially reforms were initiated in agriculture, foreign trade and investment sectors.
(ii) The policy of dual pricing was adopted.
(iii) The Government revoked the policy of Special Economic Zones.Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.Read the following statements carefully:
Statement 1: India, Pakistan, and China have similar physical endowments but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.Read the following statements carefully:
Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
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Read the following statements carefully:
Statement 1: India, Pakistan, and China have similar physical endowments but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.Read the following statements carefully:
Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.After the implementation of economic reforms, Pakistan experienced slowdown of growth due to various reasons including _______ .
(Choose the correct alternative to fill in the blank):
(i) Volatile performance of the agriculture sector
(ii) Over-dependence on remittances from abroad
(iii) Political instability“Micro-credit programmes have helped to fill in the gaps in the formal credit system.”
Justify the given statement.Interpret the given picture and explain any one strategy to control it from becoming an ecological disaster.
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