Download App

Determination of Income and Employment — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsDetermination of Income and Employment1 Mark
Question
Can APC be zero?
✓

Answer

APC can be zero only when consumption becomes zero. However, consumption is never zero at any level of income. Even at zero level of national income, there is autonomous consumption (C).

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Determination of Income and Employment→Determination of Income and Employment — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

Give meaning of aggregate supply.
→
Define 'Nominal GNP'.
→
Define open market operations.
→
Name the items included in balance of trade account.
→
Categorize the following items into Revenue and Capital Expenditure.
Statement-Defence capital equipments purchased from Germany.
→
Given the consumption function C = 100 + 0.06Y, what will be the value of autonomous consumption.
→
What is the difference between the values of exports of goods and imports of goods called.
→
Define tertiary sector.
→
Categorize the following items into Revenue and Capital Receipts.
Statement-Sale of 40% shares of a public sector undertaking to a private enterprise.
→
Will the following items be included or not in National Income of India? Give reason for your answer.
Profits earned by an Indian bank from its branches abroad.
→