CBSE-CLASS-XII SERIES Economics
Consumption Function
1 previous year questions.
Volume: 1 Ques
Yield: Medium
High-Yield Trend
1
2024 Chapter Questions 1 MCQs
01
PYQ 2024
medium
economics ID: cbse-cla
If a straight-line consumption function makes a positive intercept at the Y-axis, it implies that the Marginal Propensity to Consume _____ and the Average Propensity to Consume _______ as the level of income rises. (Fill up the blanks with the correct alternative.)
1
remains constant, rises
2
falls, falls
3
rises, rises
4
remains constant, falls