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Questions › CUET-PG › CUET-PG 2021 › Q46
4 marks, −1Macroeconomics › Consumption and investment › The Keynesian consumption functionEasyabout 1 min

CUET-PG 2021 Question 46: Consumption and investment

The relation between APC and MPC in Keynes' psychological consumption function is

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Answer and worked solution

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Consumption and investment has come up 74 times in 7 exams since 2005.

What this question tests

This question is on The Keynesian consumption function, part of Consumption and investment in Macroeconomics.

Consumption as a function of current income: the propensities to consume and save.

TestStop has 17 past-paper questions on this subtopic; the nearest in year are below.

  • GATE 2023 · Q31Consider the Keynesian consumption function C = α + β Y, where C is the aggregate consumption, Y is the…
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