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Consumer Behaviour

Q.1) Payment of water charges by the farmers to the government represents

(A) Intermediate consumption

(B) Final consumption

(C) Fixed investment

(D) Inventory investment

Q.2) The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called

(A) Consumer's Surplus

(B) Producer's Surplus

(C) Landlord's Surplus

(D) Worker's Surplus

Q.3) 'Marginal efficiency of capital is

(A) Expected rate of return on new investment

(B) Expected rate of return on existing investment

(C) Difference between rate of profit and rate of interest

(D) Value of output per unit of capital invested

Q.4) Consumption function refers to

(A) Relationship between income and employment

(B) Relationship between savings and investment

(C) Relationship between input and output

(D) Relationship between income and consumption

Q.5) The functional relationship between income and consumption expenditure is explained by

(A) Consumer's Surplus

(B) Law of Demand

(C) Law of Supply

(D) Keynes's psychological law of consumption

Q.6) Income and consumption are:

(A) Inversely related

(B) Directly related

(C) Partially related

(D) Unrelated

Q.7) Which of the following relationship always holds true?

(A) Income = Consumption + Investment

(B) Income = Consumption + Saving

(C) Saving = Investment

(D) Income = Consumption + Saving + Investment

Q.8) The Keynesian consumption function shows a relation between

(A) Aggregate consumption and total population

(B) Aggregate consumption and general price level

(C) Aggregate consumption and aggregate income

(D) Aggregate consumption and interest rate

Q.9) Over short period, when income rises, average propensity to consume usually

(A) Rises

(B) Falls

(C) Remains constant

(D) Fluctuates

Q.10) According to Marshall, the basis of consumer surplus is-

(A) Law of diminshing marginal utility

(B) Law of equi-marginal utility

(C) Law of proportions

(D) All of the above

ਜੇਕਰ ਤੁਸੀ ਕਿਸੇ ਵੀ ਸਰਕਾਰੀ ਨੌਕਰੀ ਬਾਰੇ ਜਾਣਕਾਰੀ ਲੈਣਾ ਚਾਹੁੰਦੇ ਹੋ ਤਾ ਉੱਤੇ ਦਿੱਤੇ ਕੰਮੈਟ ਬਾਕਸ ਵਿੱਚ ਕੰਮੈਟ ਕਰ ਸਕਦੇ ਹੋ ਧੰਨਵਾਦ ਅਰਨ ਮਨੀ ਜੋਬਜ ਟੀਮ