Question

Q3. Find the incorrect statement : (1)

(a) An increase in AD necessarily results in increase in output

(b) The value of multiplier can be one

(c) At an income level less than equilibrium income, AD is greater than AS

(d) Inventories accumulate when planned investment is less than planned saving

Q4. C=500+0.6Y and Y=1200, what will be saving at zero level of income? (1)

(a) 1220 (c) -500

(b) 700 (d) 720

Q5. What is money supply? (1)

Q6. Cash Reserves of the commercial banks with RBI, as a percentage of their total deposits refer to :

(a) Cash Reserve Ratio

(b) Repo Rate

(c) Reverse Repo Rate

(d) Statutory Liquidity Ratio​

Answer 1

Answer:

The wrong statement is B

Explanation:

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