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
What are the limiting values of MPC?
✓

Answer

The value of MPC cannot be greater than 1. Its value can vary from zero to one.

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

State the components of capital accounts of balance of payments account.
→
Are the concepts of demand for domestic goods and domestic demand for goods the same?
→
What does balance of payments account of a country record?
→
If the value of investment multiplier is unity, what will be the value of MPC?
→
What are time deposits?
→
Define devaluation of domestic currency.
→
Will the following items be included or not in National Income of India? Give reason for your answer.
Medical facilities to government employees.
→
Fiscal deficit equals: (Choose the correct alternative)
  1. Interest payments.
  2. Borrowings.
  3. Interest payments less borrowing.
  4. Borrowings less interest payments.
→
Mention the three methods of measuring national income.
→
What is the difference between $\text{GNP}_{\text{FC}},$ and $\text{GNP}_{\text{MP}}$?
→