Page 80 - DECO402_MACROECONOMIC_THEORY_PUNJABI

smStI ArQSwsqr dy isDWq

È؇ apBog iv`c ijnW ho sky nXunqm kMmI krxgy[ ies qrW, auh C vkr ƒ ipCy dI Aor jWdy hoey C ibdU iqkr
s1 1
puMjxgy Aqy apBog dy C Y p`Dr qy rwihxgy[ jd smuqQwn (recovery) dw smW suru huMdw hY qW Awmdn v`Dkr
1 0
ipCly Awmdn dy ijAwdwqr p`Dr OY qy puMj jWdI hY[ pr apBog C vkr dy nwl-nwl holI-holI C qo E
s1
1
1
1
qy puMj jwdw hY ikauik apBogqw dubrw ApxI bcq dw ipClw p`Dr sDwipq krwxgy[ jykr Awmdn v`DdI hoeI
OY p`Dr qy pMuj jWdI hY qW apBogqw nvy QoVy smy dy apBog Pln C qy C vkr dy nwl nwl auqy dI Aor
2 s2 1
E qo E qy puMj jwvygw[ jykr Awmdn iv`c OY p`Dr qy iek vwr Pyr mMdI AwvygI , apBog ifgkr apBog
1 2 2
Pln C dy nwl-nwl C ibMdu dI Aor jwvygw Aqy Awmdn ifgkr OY p`Dr qy Aw jwvygI[ pr lMmy smy dy
s2 2 1
smuqQwn dy dorwx, apBog Pyr lMmy smy dy apBog Pln C dy nwl qd iqkwr v`Dygw jd iqkwr ik auh QoVy smy
L
dy apBog Pln C qy nhI pMj jWdI[iehdw kwrx ieh hY ik jd Awmdn Awpxy vrqmwx p`Dr qy OY qo AMgy
s2 1
v`D jWdI hY, qW lMmy smy dy apBog Awmdn Anupwq (APC) siQr jo jwdW hY[ QoVy smy dw apBog Pln auqy dI
Aor iKsk kr C qo C cwilAw jwdW hY pr apBogqw lMmy smy dy apBog Pln C qy E qo E iqkr jWdy
s1 s2 L 1 2
hn[ pr jd Awmdn ifgdI hY qW apBogqw C vkr dy pICy dI Aor E qo C iqkr jWdy hn[ ieh ‘rYct
s2 2 2
Asr’ (Ratchet Effect) hY[ jd lMmy iv`c Awmdn v`DdI hY, qW QoVy apBog Pln ikVikVwdw hoieAw auqy dI
Aor v`Ddw hY, pr jd Awmdn ifgdI hY qW ieh Qwly dI Aor iKsk kr pwihlW dy p`Dr iqkr nhI Awdw[

’∆ Âπ√ƒ ‹≈‰Á∂ ‘Ø jd smuqQwn dy smy dy dorwx Awmdn v`DdI hY, qW bcq iv`c qyjI nwl birDI
dy nwl apBog v`Ddw hY[

√ÚÀ ÓπÒª’‰ (Self Assessment)
bhuivklpIAw pRSn (Multiple Choice Questions):
4. apBogqw dy AiBmx iek dujy qy hMudy hn-
(a) inrBr (A) Awskq
(e) inrwskq (s) iedy iv`co koeI nhI[
5. iksy smudwieAw iv`c, lokW dI swpyS Awmdn dy AMdr apBog KricAw ƒ krdy hn-
(a) pRiqbNiDq (A) inrDwirq
(e) G`t (s) v`D[
6. apBog sMbD smy iv`c ApirvrqnIX huNdy hY, Aor nhI huMdy -
(a) ApirvrqinX (A) sMbiDq
(e) pirvrqinX (s) iedy iv`co koeI nhI[

8.2 swpyS Awmdn pirklpnw dI AwlocnwvW
(Relative Income Hypothesis’s Criticisms)

jykr fusnbwrI dw isDWq bjt AiDAnW Aqy QoVy smy dy jW lMmy smy dy kwl SryxI AiDAwnW dy iv`c pRqXS
ivroDW dw smwDwn krdw hY, Pyr vI ieh g`l nhI kI iedy iv`c kMmIAW nhI hY –
1. apBog iv`c AnupwqI virDI nhI (No Proportional increase in Consumption) – swpyS Awmdn
isDWq dI mwinAwqW ieh hY ik Awmdn Aqy apBog iv`c AnupwqI virDI hovygI[ pr purx rojgwr p`Dr
qy hox vwlI Awmdn dI virDI dy apBog iv`c sdw AnupwqI virDI nhI huMdI[

2. apBog Aqy Awmdn iv`c pRqXS sMbND nhI (No Direct Relation between Consumption and
Income) – ieh isDWq ieh mMn kr cwldw hY ik apBog Aqy Awmdn iv`c pRqXS sMbD huMdw hY[ pr

74 LOVELY PROFESSIONAL UNIVERSITY