Complete the following table: | |||
Income (Rs.) | Consumption expenditure (Rs.) | Marginal propensity to save | Average propensity to save |
0 | 80 | ? | ? |
100 | 140 | 0.4 | ? |
200 | ? | ? | 0 |
? | 240 | ? | 0.20 |
? | 260 | 0.8 | 0.35 |
Answer:
Income (Rs.) Consumption expenditure (Rs.) Saving (Rs.) Marginal propensity to save Average propensity to save 0 80 \[-80\] - - 100 140 \[-40\] 40/100=0.4 40/100=0.4 200 200 0 40/100=0.4 0 300 240 60 60/100=0.6 60/300=0.20 400 260 140 80/100=0.8 140/400=0.35
You need to login to perform this action.
You will be redirected in
3 sec