Determination of Income and Employment
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Question 1 of 4
1. Question
Which of the following is correct with respect to algebraic expression C = a + b (Y)
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Question 2 of 4
2. Question
In context of economics, economy aggregate demand equals
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Question 3 of 4
3. Question
Consider the following statement:
“Consumption changes in the same direction asincome.” The statement is:CorrectIncorrect -
Question 4 of 4
4. Question
The level of equilibrium income is determined by, (where AD = Aggregate Demand, AS = Aggregate Supply)
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