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Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:
Assertion (A): When income is zero, consumption is also zero.
Reason (R): There is always some minimum level of consumption in the economy even when income is zero.
- a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).
- b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
- c)Assertion (A) is true, but Reason (R) is false.
- d)Assertion (A) is false, but Reason (R) is true.
Correct answer is option 'D'. Can you explain this answer?
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Directions : In the following questions, a statement of Assertion (A...
When income is zero, consumption is not zero as there is always some minimum level of consumption in the economy.
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Directions : In the following questions, a statement of Assertion (A...
Assertion: When income is zero, consumption is also zero.
Reason: There is always some minimum level of consumption in the economy even when income is zero.
Explanation:
The given assertion states that when income is zero, consumption is also zero. The reason given is that there is always some minimum level of consumption in the economy even when income is zero. Let's analyze both statements individually.
Analysis of Assertion:
When income is zero, it means that an individual has no earning or financial resources. In such a case, it is highly unlikely that the individual would be able to consume anything. Consumption requires some level of financial resources to purchase goods and services. Therefore, it is reasonable to say that when income is zero, consumption is also zero.
Analysis of Reason:
The reason provided states that there is always some minimum level of consumption in the economy even when income is zero. This means that even in the absence of income, individuals would still consume goods and services to meet their basic needs. However, this reason is not correct. When income is zero, it implies that individuals have no financial resources to engage in consumption. While there may be essential goods and services required for survival, it is highly unlikely that individuals would be able to access or afford them without any income.
Conclusion:
Based on the analysis of both the assertion and the reason, it can be concluded that the assertion is false and the reason is true. The reason provided does not correctly explain the assertion. When income is zero, consumption is also zero as individuals do not have the financial means to engage in consumption. Therefore, the correct answer is option D - Assertion (A) is false, but Reason (R) is true.
Reason: There is always some minimum level of consumption in the economy even when income is zero.
Explanation:
The given assertion states that when income is zero, consumption is also zero. The reason given is that there is always some minimum level of consumption in the economy even when income is zero. Let's analyze both statements individually.
Analysis of Assertion:
When income is zero, it means that an individual has no earning or financial resources. In such a case, it is highly unlikely that the individual would be able to consume anything. Consumption requires some level of financial resources to purchase goods and services. Therefore, it is reasonable to say that when income is zero, consumption is also zero.
Analysis of Reason:
The reason provided states that there is always some minimum level of consumption in the economy even when income is zero. This means that even in the absence of income, individuals would still consume goods and services to meet their basic needs. However, this reason is not correct. When income is zero, it implies that individuals have no financial resources to engage in consumption. While there may be essential goods and services required for survival, it is highly unlikely that individuals would be able to access or afford them without any income.
Conclusion:
Based on the analysis of both the assertion and the reason, it can be concluded that the assertion is false and the reason is true. The reason provided does not correctly explain the assertion. When income is zero, consumption is also zero as individuals do not have the financial means to engage in consumption. Therefore, the correct answer is option D - Assertion (A) is false, but Reason (R) is true.
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Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): When income is zero, consumption is also zero.Reason (R): There is always some minimum level of consumption in the economy even when income is zero.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer?
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Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): When income is zero, consumption is also zero.Reason (R): There is always some minimum level of consumption in the economy even when income is zero.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): When income is zero, consumption is also zero.Reason (R): There is always some minimum level of consumption in the economy even when income is zero.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): When income is zero, consumption is also zero.Reason (R): There is always some minimum level of consumption in the economy even when income is zero.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer?.
Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): When income is zero, consumption is also zero.Reason (R): There is always some minimum level of consumption in the economy even when income is zero.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): When income is zero, consumption is also zero.Reason (R): There is always some minimum level of consumption in the economy even when income is zero.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): When income is zero, consumption is also zero.Reason (R): There is always some minimum level of consumption in the economy even when income is zero.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): When income is zero, consumption is also zero.Reason (R): There is always some minimum level of consumption in the economy even when income is zero.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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ample number of questions to practice Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): When income is zero, consumption is also zero.Reason (R): There is always some minimum level of consumption in the economy even when income is zero.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.
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