Question : If income is Rs.2000 and consumption is Rs. 1800. Calculate APC.
Option 1: 0.9
Option 2: 0.8
Option 3: 0.7
Option 4: None of the above.
Correct Answer: 0.8
Solution :
Question : If consumption expenditure is Rs. 50 crore at national income of Rs. 150, then APS is ____.
Question : When income rises from Rs. 5000 to Rs. 6000, savings rises by Rs. 600. Find MPC.
Question : Aggregate supply = ________________
Question : If disposable income is Rs.2000 and consumption expenditure is Rs.1650, find out average propensity to save.
Question : When income level is zero, the consumption is ___________.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile