Economics · Determination of Income and Employment
Match List I with List II regarding Determination of Income and Employment: List I (a) Aggregate demand (b) Multiplier (c) Excess demand (d) Deficient demand List II (i) C + I (ii) Change in income due to change in investment (iii) AD > AS (iv) AD < AS Choose the correct option:
- 1(a)-(iv), (b)-(iii), (c)-(ii), (d)-(i)
- 2(a)-(iii), (b)-(iv), (c)-(i), (d)-(ii)
- 3(a)-(ii), (b)-(i), (c)-(iv), (d)-(iii)
- 4(a)-(i), (b)-(ii), (c)-(iii), (d)-(iv)✓
Correct answer
(a)-(i), (b)-(ii), (c)-(iii), (d)-(iv)
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