Question : __________________________ refers to the consumption expenditure to the corresponding level of income.
 

Question : Given that national income is Rs.100 crore and consumption expenditure is Rs.72 crore, When income rises to Rs. 200 crore and consumption expenditure to Rs.108 crore, what will be the average propensity to consume and a marginal propensity to save?

Question : Higher the disposable income, higher is ___________ expenditure.
 

Question : _____________________ is defined as ratio of change in consumption to change in total income

Question : Given that national income is Rs.100 crore and consumption expenditure is Rs.72 crore, When income rises to Rs. 200 crore and consumption expenditure to Rs. 108 crore, what will be the average propensity to save at initial level?.