✓ Board-verified↻ asked 3×
Economics · 2026 · 1 mark
CBSE 2026 · Region 3 · Set 1 · Q9
Read the following statements carefully :Statement I : At the break-even level of income, the value of slope of the consumption curve is zero.Statement II : Marginal Propensity to Consume (MPC) refers to the change in consumption per unit change in income.In the light of the given statements, choose the correct option from the following :
Official answer
From CBSE’s own marking scheme for this paper.
(B)
Statement I is false and Statement II is true.
Marking-scheme solution
(B)
Statement I is false and Statement II is true.
Practice Determination of Income and Employment →All Determination of Income and Employment questions
More from Determination of Income and Employment
- Identify, which of the following is true at the Break Even level of Income. (Choose the correct option)2026
- In an economy, when is insufficient to achieve the level of output corresponding to the full employment, the…2026
- “Income of an economy increased from ₹ 20,000 to ₹ 50,000 crore. Savings of the economy increased from ₹…2026
CBSE Class 12 Economics past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.