Determination of Income and Employment — Flashcards
Madhya Pradesh Board · Class 12 · Economics
70 flashcards for Determination of Income and Employment (Madhya Pradesh Board Class 12 Economics) to test yourself on key terms and facts.
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What is the main idea of the income and employment determination model?
Answer
National income is determined by the equality of ex ante aggregate demand and ex ante aggregate supply in the final goods market. The model assumes a fixed price level and a constant rate of interest,…
आय और रोजगार निर्धारण मॉडल का मुख्य विचार क्या है?
Answer
राष्ट्रीय आय का निर्धारण अंतिम माल बाजार में पूर्व-अग्रिम समग्र मांग और पूर्व-अग्रिम समग्र आपूर्ति की समानता से होता है। मॉडल एक निश्चित मूल्य स्तर और ब्याज की एक स्थिर दर मानता है, इसलिए ध्यान उत्पाद…
समष्टि अर्थशास्त्र में पूर्व-पूर्व और पूर्व-पश्च का क्या अर्थ है?
Answer
एक्स एंटे मूल्य, उपभोग, निवेश या अंतिम वस्तुओं के उत्पादन के नियोजित उपाय हैं। एक्स पोस्ट मूल्य वास्तविक या लेखांकन उपाय हैं कि वास्तव में क्या हुआ। सरल शब्दों में, एक्स एंटे वह है जो नियोजित किया गया…
What do ex ante and ex post mean in macroeconomics?
Answer
Ex ante values are planned measures of consumption, investment, or output of final goods. Ex post values are actual or accounting measures of what really happened. In simple words, ex ante is what has…
Define consumption function.
Answer
The consumption function is C = C̄ + cY. Here, C̄ is autonomous consumption, which does not depend on income, and cY is induced consumption, which changes with income. This shows that households consu…
उपभोग फलन को परिभाषित करें।
Answer
उपभोग फलन C = C̄ + cY. Here है, C̄ स्वायत्त उपभोग है, जो आय पर निर्भर नहीं है, और cY प्रेरित उपभोग है, जो आय के साथ बदलता है। इससे पता चलता है कि आय शून्य होने पर भी परिवार उपभोग करते हैं, और आय बढ़ने…
उपभोग करने की सीमांत प्रवृत्ति (MPC) क्या है?
Answer
MPC आय में प्रति इकाई परिवर्तन पर उपभोग में परिवर्तन है। सूत्र है MPC = ΔC/ΔY = c. इसका मान 0 और 1 के बीच होता है। यदि MPC 0 है तो आय के साथ उपभोग में परिवर्तन नहीं होता है, यदि MPC 1 है तो आय में सम्…
What is marginal propensity to consume (MPC)?
Answer
MPC is the change in consumption per unit change in income. The formula is MPC = ΔC/ΔY = c. Its value lies between 0 and 1, inclusive of both values. If MPC is 0, consumption does not change with inco…
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