Economics · Macroeconomic Concepts
Match the economic concepts given in Column A with their appropriate descriptions in Column B: Column A1. Marginal Efficiency of Capital2. Autonomous Investment3. Paradox of Thrift4. Cyclical Unemployment Column B A. Tendency of people to save more leads to a fall in total savings B. Investment that is independent of the level of income C. Expected rate of return on a new capital asset D. Unemployment caused due to downturns in the business cycle
- 11-B, 2-C, 3-A, 4-D
- 21-C, 2-A, 3-B, 4-D
- 31-C, 2-B, 3-A, 4-D✓
- 41-A, 2-B, 3-C, 4-D
Correct answer
1-C, 2-B, 3-A, 4-D
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