Home
About Us
Contact Us
Bookmark
Saved Bookmarks
Current Affairs
General Knowledge
Chemical Engineering
UPSEE
BSNL
ISRO
BITSAT
Amazon
ORACLE
Verbal Ability
→
General Awareness
→
IIT JEE in General Awareness
→
How much is the marginal propensity to consume in...
1.
How much is the marginal propensity to consume in an economy in which MPS is 0.2 ?
Answer» MPC = 1- MPS = 1-0.2=0.80
Show Answer
Discussion
No Comment Found
Post Comment
Related InterviewSolutions
Calculate APC and APS from the following schedule : `{:(,"Income" (Y),,100,,200,,300),(,"Consumption" (C),,80,,120,,180):}`
At zero level of income, consuption isA. zeroB. positiveC. negativeD. all of these
If APC of an economy is 0.8, what should be the savings when an income level is 4000 crore?
Find savings of autonomous consumption is 60 and MPC=0.5 at 5000 level of income
Find consumption (C ) if b=0.8 and income (Y) is 200 and `bar(C )` =100
MPC is the slope ofA. saving functionB. consumption functionC. cost functionD. all of these
Complete the following table:
Using the equation of consumption function: C = `barc` + b(Y), calculate consumption expenditure at the income level of ₹ 500 crores, if autonomous consumption is ₹ 40 crores and 40% of additional income is saved.
(i) The disposable income (Y) is ₹ 1200 crores and consumption expenditure ( C) is ₹ 800 crores. Calculate the APC. If saving is ₹ 500, out of an income of ₹ 5,000, how much is the APS ? (iii) If disposable income is ₹ 1,000 and consumption expenditure is ₹ 750, find out average propensity to save. (iv) If income is ₹ 100, calculate APC. (v) When incomes rises from ₹ 1,000 to ₹ 1,100, saving rise by ₹ 30. Find out MPS and MPC.
Complete the following table :
Reply to Comment
×
Name
*
Email
*
Comment
*
Submit Reply
Your experience on this site will be improved by allowing cookies. Read
Cookie Policy
Reject
Allow cookies