Option 1: (A) - (II), (B) - (IV), (C) - (I), (D) - (III) -> Average Propensity to Consume (APC) = C/Y represents consumption per unit of income. Marginal Propensity to Consume (MPC) = ΔC/ΔY represents change in consumption per unit change in income. Average Propensity to Save (APS) = S/Y represents savings per unit of income. Marginal Propensity to Save (MPS) = ΔS/ΔY represents change in savings per unit change in income. The terms 'Average' refer to ratios (per unit), while 'Marginal' terms refer to rates of change (change per unit change). -> correct
Match List-I with List-II | List-I | List-II | |---|---| | (A) Average Propensity to Consume | (I) It is the savings per unit of income | | (B)…
CUET UG 2025 — Economics Macro
2025mcqeasy
Match List-I with List-II
| List-I | List-II |
|---|---|
| (A) Average Propensity to Consume | (I) It is the savings per unit of income |
| (B) Marginal Propensity to Consume | (II) It is the consumption per unit of income |
| (C) Average Ppropensity to Save | (III) It is the change in savings per unit change in income |
| (D) Marginal Propensity to Save | (IV) It is the change in consumption per unit change in income. |
Choose the correct answer from the options given below:
Official previous-year question
Held on 16 May 2025 · Verified 13 Jul 2026.
Options
- A
(A) - (II), (B) - (IV), (C) - (I), (D) - (III)
- B
(A) - (II), (B) - (IV), (C) - (III), (D) - (I)
- C
(A) - (I), (B) - (III), (C) - (IV), (D) - (III)
- D
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
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